Don't Write Off Kindle Yet, Analysts Say
Analysts at JP Morgan say iPad won’t be killing Kindle, or Amazon’s eBook business, anytime soon, reports Gigaom. The analysts note that Amazon has managed to take a strong share of the digital music business, despite Apple’s considerable lead in that arena, and Amazon’s lead in eBooks puts it in a good position to defend its territory against a hip, new gadget.
Here’s more from Gigaom: “Despite (a) Apple’s 4-year head start in MP3 sales and (b) Apple’s dominance in devices, we estimate Amazon had ~10% of the digital music market by the end of ’09.
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