The Fast Company Guide to E-Readers

Although it seems that all we ever talk about these days is the tablet--how gorgeous the iPad is, how the tablet will kill off the netbook, a little bit more about the iPad--the more dynamic market of the moment is e-readers. Not a day goes by without the launch of a new model--latest being Asus's Lumibook, and with Marvell muscling in on the Chinese market--and, to be honest, it's all a bit confusing.

Apple has so blurred the boundaries between e-reader and tablet because of its iBook Store, that one could almost argue that the traditional, monochrome version (think Kindle) is almost obsolete. Almost--but that's down to the wondrousness of electrophorectic technology, the fancy (and un-trademarked) name for e-ink, that uses minimal power and is ace for reading in natural daylight. You can see the effects that the iPad has had on the market, however: Engadget uncovered a half-sized iPad simulacrum from Asus (it runs Android, so hints of the B&N Nook there) and, although Jeff Bezos recently claimed there's a color version of the Kindle lurking somewhere in Amazon's labs, it's E.T.A. is "some ways out."

So, when it comes to choosing the right e-reader for you, whatchoo gonna do, Willis? FastCompany.com has separated the wheat from the chaff, and please find, for your delectation, a selection of what we consider to be the most interesting upcoming (and already available) e-readers around. And not an iPad in sight. Well, almost.

Best browser: Bookworms among you may not even be aware that some of the models have Web-browsing capabilities, including the Kindle and the Nook. However, I'm going to blow the black-and-white thang out of the water and say, how about the Pandigital Novel? It's color, it's got Barnes & Noble's half-a-million-volume library, it browses, it's not out yet, but oh ho ho, expect this one to do well. At $200, it's less than the price of a--no, my lips are sealed.

Best book store: They're all pretty damn good, really--although you've got to wonder just how Google will sew up the market if they ever dare to dip their toes back into the hardware market, following their contretemps with the Nexus One. Sony has just announced it is to launch a content-distribution service in Japan, China, Australia, Spain, and Italy. I'll let both Nook and Kindle carry this one off jointly, as they've both got Gut--that's Gutenberg's 1.8 million free books on top of their 500,000 titles--and as I'm a nice girl.

Best for light travelers: As recommended by fellow FC-er, Dan Nosowitz (a more seasoned voyageur you will not meet) the $155 Sony Pocket Reader is, with a mere 5-inch screen and no bulky keyboard, significantly smaller than the competition (even pocket-sized, if you're not wearing skinny jeans). Its memory is beefy enough to allow you around 350 books on it, and it supports books lent from public libraries (any major city library should have an ebook lending system). It's a bit barebones--no search, no annotations, no wireless connection--but it's beautifully designed, absolutely teeny, and it can sometimes be found for $110, nearly impulse-buy territory. If you're not already in hock to the Kindle or Barnes & Noble stores, it's a great option.

Best for someone with a bag-carrier: Oh, without a doubt Plastic Logic's Que. They call it a ProReader, it looks just dreamy, and if ever you want to best someone with an iPad, then this is the e-reader to do it with. It's the business--I'm in no doubt that this is the kind of thing that Tom Ford's minions would be carrying for the great man himself. Price is a little sticky, however--$649 for the 4GB Wi-Fi version, rising to $799 for 8GB Wi-Fi and 3G. I asked, but it doesn't come in a cut-price 1GB version that you pedal yourself. Sigh.

Best apps: If apps is really the only reason you want to buy an e-reader, then why don't you just go to the Apple store and buy the--no, no, I won't say it. If, however, $500 is not the kind of wonga you're planning on shelling out, might I suggest the Nook? Although Android is not quite as hot on the app front as Apple, Barnes & Noble recently churned out a firmware update that lets you upload all kinds of fun and games on its second, color screen. Cost is, like the Kindle, $259.

Best value: If it's all about the money, then plump for the Libre Pro, Borders' riposte to Barnes & Noble's Nook. Costing $120, it comes with 100 free books and a Borders' desktop app. It reads the pretty universal e-book standard file, ePub, as well as .pdf files, has room (via an SD card slot) for 40,000 titles, syncs to your computer, and you can listen to pre-downloaded MP3s on it.

Best for bookworms: It's got to be the Lumiread, Acer's Kindle-esque e-reader, which should be out next month. Acer is staying schtumm about the price so far, but they're known for not beating too much money out of the consumer. Plus, it's got a dinky little scanner that you can use when you're in your local bookstore on a book's ISBN number and which links you to online sites where you can download the e-version of whatever tome it is caught your eye in the Macabre Horror section.

Best if you're not that into books: All right, I'm going to say it--the iPad.

Original piece by Addy Dugdale and can be read here: http://tinyurl.com/32av5rk

Will the iPad Undercut Digital Readers?

The electronic book market is looking increasingly hot, flat and crowded. A vicious price war has broken out among producers of digital readers because of Apple’s success with the iPad. Companies like Amazon hope that selling tomes across multiple devices will fill the profit gap. But competition in e-book distribution is heating up and could pressure margins there, too.

Apple has sold more than three million iPads in about two and a half months. While Amazon doesn’t give figures, analysts think it has sold a similar number of its Kindle e-readers over two and a half years. 

Investors haven’t missed the implications. Amazon’s stock has fallen 8 percent since the iPad arrived. That’s about the same as the market as a whole. The stock of Barnes & Noble, another e-reader seller, has fallen more sharply, losing a quarter of its value. Yet both are still richly priced compared with the market. Amazon trades at 40 times estimated earnings this financial year, and Barnes & Noble at 20 times. 

Meanwhile, Apple’s shares have risen 13 percent since the beginning of April, adding more than $30 billion to the company’s market capitalization. Of course, booming iPhone sales account for a large part of this rise. There’s a three-week waiting list for the latest version when you buy it online, despite some kinks with its antenna. But the iPad figures as well. Analysts’ expectations seem to be rising weekly. Several now predict Apple could sell more than 10 million this year. 

Devices like the Kindle, Barnes & Noble’s Nook and Sony’s Daily Edition e-reader are made specifically for reading, so they have gray screens that are easy on the eyes and batteries that last for days. The iPad, by contrast, has a bright color screen and a battery that drains more quickly. Its success suggests the perceived advantages of e-readers may turn out not to matter too much to consumers. 

After all, iPad users have already downloaded more than five million e-books. It may be that many people prefer a more versatile device that allows them to browse the Web, watch videos, read e-mail and download games and other applications — and act as an e-reader as well. That’s a potential nightmare for Amazon and other purveyors of e-readers. Think how jack-of-all-trades mobile phones have pushed out initially successful dedicated personal digital organizers.

Pricing trends seem to support the thesis. E-reader sellers slashed their prices this week, some by a quarter. But even corporate clients with giant orders for iPads can’t expect to score any discount. Basic e-readers now go for well under $200 and will almost certainly be offered for less than $100 by Christmas, according to Gartner. 

There’s a battle brewing over e-books, too. Before Apple’s iPad appeared, Amazon sold most Kindle books for $9.99 and lost about $3 a book, analysts reckon. That increased Kindle sales and helped establish both the e-book market and Amazon’s place within it.

The iPad has given publishers ammunition to demand higher prices for digitized books. The net result could be a wash, at least for Amazon. Citigroup estimates the Kindle and e-books combined will continue to account for about 5 percent of the company’s total sales and profit, in line with current levels. 

Apple’s bookselling rivals increasingly hope customers will buy e-books via applications that can be used on multiple devices, including iPads, the BlackBerry and computers. Moreover, e-readers’ ability to provide instant gratification via wireless downloads may mean the market for digital books will continue to grow. 

Since Amazon has a large stock of e-books, the Internet retailer’s reader app should have an advantage over some rivals, including Apple. It was the size of Amazon’s book collection that first established the company as a force to be reckoned with a decade ago.

But Barnes & Noble has an e-book app not so dissimilar to Amazon’s, and plenty of content. Google is preparing to open its digital bookstore this summer. And the talk is that technology companies like Dell and Nokia might see the opportunity, too. 

If most consumers aren’t locked into a specific device, they will presumably shop around for the best bargain. After all, it’s easy to download multiple apps. Electronic books may be gripping for those who buy them. But once competition sets in, the bottom lines of the companies hawking them may not make such a good read.

Originally posted by Robert Cyran of Reuters Breaking News, and can be found here: http://www.nytimes.com/2010/06/28/technology/28views.html?src=busln

Ebooks: Now what?

Well we all knew it was coming. The arrival of the iPad and the pressure that Apple suddenly began to apply to the Ebook Reader market was bound to have an effect, just as Apple and the iPhone forced the telecom industry to respond just be being there. I was also pretty sure that the first thing that the iPad would affect would be price. After all, it is the easiest thing for most tech vendors to change as it simply means cutting the margin finer, and it was sure to have a major effect on consumer and the tech press.

Of course, what we didn’t expect was how quickly the price war would ramp up and pull the major players in. Borders introduces bare bones (no wireless) Kobo reader for $149, which B&N matches a few weeks later with a Wifi only Nook for $149 and challenges Amazon with a price drop on the full Nook to $199. Sony Readers apparently ALSO drop their prices to match (though no one noticed it at the time, which says something). Amazon responds by dropping the Kindle 2 to $189 the same damn day, which means Amazon was just waiting for B&N to announce the new pricing to pull that trigger.

So, what have we learned in the first salvos of the Ebook Reader price war, and where will things go from here?

Many analysts (the same ones who have been saying that the incredible iPad will eliminate netbooks, notebook computers, passenger trains and the letter M from the civilized world) are saying this “race to the bottom” spells the beginning of the end of ebook readers (and good riddance, they usually add). I disagree. Certainly the market is changing due to competition and we are seeing the major players responding to that..what else would they expect? Ebook readers are not going the way of the dinosaur, just the way of every other niche technology. As they become more mainstream and their functionality is incorporated into more devices, the price they can charge drops. There ARE lessons to be learned from this, but “Ebook Readers are Dead” is not one of them.

Rather, one thing we can learn from this, well, really it is more something we are being reminded of, is just how high the profit margins are on these devices. B&N took a fifth off the price of the full Nook, and Amazon knocked a full THIRD off the price of the Kindle just like that. Also, everyone always says the screen is the most expensive part of an ebook reader, but B&N removed the 3G antenna from the Nook and dropped the price by nearly HALF. Clearly these devices cost far less to produce then previously assumed.

Which of course also means we can expect the prices to drop even further. If we assume that both Amazon and B&N are working from the classic “Give away the razor and sell the blades” business model, then the prices are going to drop A LOT more. After all, both companies (and soon Borders) are making most of their money off selling the blades, that is, the books and not the readers. They all provide their software free for other devices specifically to encourage you to shop in THEIR online book store for books, where the real money in this business is.

If Amazon, Barnes & Noble and Borders are really looking at the bottom line realistically and understand that the serious profits are from book sales, then over the next few months we will likely see the Nook and Kindle drop to the point where they are just breaking even on them. Loss leaders. Borders is at a disadvantage on this one as it does not have it’s own Ebook Reader but is licensing readers from other companies, and it’s main device, the Kobo Reader, has it’s own library to feed.

To be honest, I would not be shocked if down the line, both the Kindle and the Nook end up being free, or with free versions that don’t allow sideloading your own books or PC syncing. Do you think Amazon would accept giving away a few bucks worth of tech if you could only use it with books from their own online store? Is Jeff Bezos annoying? (the answer to that is DAMN RIGHT).

I feel that the whole “It is easier to read on E-ink Displays” argument, which doesn’t hold up too well already, is going to carry less and less and weight over the next few months as more tablets appear. In the end, I think both Amazon and B&N will give up on trying to say their devices are better for reading than a tablet and focus completely on leveraging their enormous libraries. I think they already view the Kindle and Nook as simply a platform to sell books, the whole “reading experience” thing is just marketing blather for them. Therefore, expect them to price the platform as low as they need to, even free, to move more ebooks.

However, that move is a little bit down the road I think. What will be the next step in the price war? Well, pity poor Borders. They made a big noise about the fact the readers they were selling (from Kobo and Aluratek) were a bit limited (no wireless), but the cheapest out there…now they are not looking so cheap as the Kindle and the Nook price down, and they aren’t even on sale yet! Borders is also scrambling to push their software on Apple products, just like Amazon and B&N, only with less success.

Therefore, before the July roll out date for Borders’ new AreaE ebook strategy, expect the prices of the Kobo and Libre readers to drop further. I would imagine when they are actually released the Kobo will be the one selling for 119 bucks…and the Libre? 89.95 baby, plus tax. Let’s see how Amazon and B&N like THOSE apples

Piece posted by Zealot and can be found here: http://www.mobilitysite.com/2010/06/ebooks-now-what/

Audio Books July Bestsellers

The following are best sellers from Audible in the month of July:
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E-books pave way for more blockbusters, serials

(Reuters) - Stieg Larsson copycats take note: The slow rise of electronic books is paving the way for more safe-bet fiction blockbusters and serial-type books, at least in the short term, according to some book experts.

With book sales stagnating in recent years, the nascent e-books market has thrown the industry into turmoil. In response, large publishers are taking fewer financial risks and betting more of their dollars on established authors, said Eileen Gittins of self-publishing company Blurb.com.
"In the face of these economics, publishers just cannot take the risk," said Gittins. "They need some sure wins."

Similar to movie studios' betting on well-known franchises to bring box office gold, Gittins said publishers want to market more blockbuster authors writing serial books featuring a distinctive leading character to lure repeat readers, as was seen with the success of prolific, late Swedish author Stieg Larsson, or crime fiction writers such as Michael Connelly.

With prices on the fledging e-book market still being battled over among larger publishers and makers of electronic readers, publishers still have yet to profit much from e-books, with the lower priced e-books eating into profit margins.

The e-book market has grown rapidly with wholesale revenue from e-book sales in the United States increasing to $91 million in the first quarter of 2010 from $55.9 million from the last quarter of 2009, according to International Digital Publishing Forum. But e-book sales still only account for 5-6 percent of overall U.S. book sales and less than 1 percent in Britain, The Financial Times reported this week.

Contrary to popular opinion, most of publishers' costs are developing and marketing authors, not the cost of printing and shipping books. Such costs don't lessen with e-books even though they sell for less than paper books, Gittins said.
That heightens pressure "to need to do blockbuster big titles because now there is even more pressure on them," said Gittins. "They are not really saving money with the e-book, all those costs are still there."

SAFE-BETS
Book experts predict in the e-book market, bestselling authors will remain popular in the short term. According to Amazon, all three of Stieg Larsson's books, which include sensation "The Girl with the Dragon Tattoo," sit in the top five best-selling books on Amazon's Kindle reader.
Customer favorites for e-books include "great Summer reads" such as Stephenie Meyer's new novella.

Daily Beast book editor Lucas Wittmann said in five years e-book sales could reach levels to make up for lost paper book sales, but for now publishers are feeling the pinch.
"There is a big squeeze right now," said Wittmann. "All the great predictions for e-books haven't quite been realized yet. E-books are growing at an astounding rate but they are not yet making up for the lost (book) sales."
When e-books first hit the market, some nonfiction economic and political books fared well, but now as the e-book audience had widened, more fiction is selling, he said.
"Publishers are still experimenting," Wittmann added.

Publishers Weekly Editorial Director Jim Milliot said online sites such as Amazon.com encourage readers to buy the same author, while smaller publishers were slow on e-books.
"A lot of the independent publishers have been slower to move to put their titles on, mainly because they don't have the resources to do it," he said. "Fiction seems to be winning out, at least in the early going."

As electronic readers improve, the type of e-books that sell well could change. Improving graphics could help genres like nonfiction and children's books become more popular.
"The possibilities seem to be opening up for more graphic work, incorporating multimedia and embedding links to audio when you are reading a biography of Bach or something," Wittmann said, predicting such advances in a year or two.

Wittmann said there will still be some "pain in the industry" but diversity and change was coming.
"Most publishers...are warming to e-books and thinking creatively about them," he said. "The only question is the time frame ... when we see a truly dramatic shift."

Original posted by Stieg Larsson and can be found here: http://www.reuters.com/article/idUSTRE65O4XG20100625 

Why eBooks are better than Whitepapers

eBooks and whitepapers are two formats for sharing longer written documents on the web. While both of these terms are often used interchangeably, they are actually two different types of documents. 

eBooks tend to be shorter and more interactive than whitepapers. eBooks often include links to additional multimedia information and focus on the how-to aspect of a subject. Whitepapers are more static and less interactive than eBooks and focus more on thought-leadership content.

What Makes eBooks So Good?

• They’re simple to create and inexpensive to produce – You don’t need a publisher or a printer! You just need some basic software and the time to write about your idea or innovative technique.

• They’re engaging – Because they aren’t just PDFs or Word docs, you can actually get your reader to interact and take some type of action. Encourage them to click on links, fill out a survey, subscribe to your blog, watch a video or even buy something from you online.

• They’re easy to distribute and spread like wildfire – Make the ebook free (don’t collect money, don’t collect email addresses) and add a Creative Commons license to the content so people can share the e-book easily. Create a landing page, add a call-to-action on your website, blog about it, put a link your email signature, email it to your friends/partners/vendors, post a video on YouTube, tell your fans and followers. 

• They’re easy to read and more eco-friendly – Although whitepapers can be read online, the vertical formatting makes them difficult to read. eBooks are easily to read digitally on-demand while whitepapers often need to be printed to be read easily.

What Makes Whitepapers So Bad?

• They’re boring - Wikipedia defines a whitepaper as “an authoritative report or guide that often addresses issues and how to solve them. White papers are used to educate readers and help people make decisions.” Even the definition puts me to sleep.

• They’re old school - They date back to the early 1900s. You might remember The Churchill White Paper of 1922 from your high school history class, you might not. Either way, we haven’t really changed the way we use them since then. They’re still a form of semi self-promotion and propaganda. It’s just that now they are found on the web and are used by businesses as a marketing or sales tool rather than promoting government policy.

• They’re forced upon us – Most people don’t want to read whitepapers, they just feel like they have to read them because they’re “authoritative” and written by “industry leaders”. Or because their boss said so.

• They’re not good link bait – Because you typically have to register (give your email address) to download the whitepaper, most people don’t promote or share whitepapers because they don’t want to force their fans and followers and friends to give their email address away and get hounded by sales reps.

I don’t hate whitepapers. I mean, whitepapers are still useful. But, eBooks are a better way to share on-depth content online. So start writing and sharing your eBook. You’ll be surprised at how fast your ideas will spread and your business will grow.

The most important concepts to remember, whether you choose to create an eBook or a whitepaper, are to have fun with it, write for your audience and be sure you’re actually providing valuable information and awesome ideas.

Read more: http://blog.hubspot.com/blog/tabid/6307/bid/6145/Why-eBooks-Are-Better-Than-Whitepapers.aspx#ixzz0sBdC96WP

By Emily Haahr

Why e-Book Reader Sales are Seen Heading South

Is the window of opportunity for e-book readers with embedded broadband going to close not long after it just opened? That’s the forecast being made by UK research firm Informa Telecoms & Media — it believes device sales will peak in 2013 and then decline by 7 percent the following year because instead of purchasing dedicated e-book readers, consumers will shift towards other multifunction devices with mobile broadband, such as Apple’s iPad or an anticipated Android tablet, to read e-book content.


Indeed, one of the key reasons for the recent success of readers like Amazon’s Kindle or the Barnes & Noble Nook is also a limiting factor in terms of multipurpose functionality — today’s  E Ink displays that make such devices attractive aren’t as effective for activities like browsing the web or viewing video. New display technologies are needed to support those use cases. Two that come to mind: Qualcomm’s Mirasol low-powered color panel and Pixel Qi’s innovative dual-mode screen, which can use ambient light instead of a power-hungry backlight as needed. With its next-generation “E Ink mode” you can watch a fast-frame movie on the Pixel Qi screen — skip to the 9:30 mark of my CES video to see how well this display works.


As a voracious reader and former Amazon Kindle 2 owner, I see both sides of the page when it comes to dedicated e-book readers. On the one hand, I love the paper-like reading experience a dedicated E Ink reader provides. Combine that with a light device that doesn’t require a battery recharge for weeks and it’s no wonder I took my Kindle everywhere I went. But after just one day with my iPad, I sold my Kindle, mainly because I didn’t want to tote both devices and the Kindle for iPad application provides the same experience as the original. Plus, although everyone’s eyes are different, I don’t buy into the eye-strain argument in favor of E Ink. I’m already looking at an LCD display for 10-12 hours a day on my computers — what’s another hour or two?


In other words, I didn’t wait until 2013 to switch from a dedicated reader to a multifunction device. And with the expected onslaught of slates and tablets this year — by and large, e-book devices use a slate form factor — I imagine I won’t be the only one. One portable device with embedded broadband for web, social networks and other online activities appears to be the future. There’s still a market for standalone e-book devices — folks that prefer E Ink over LCD or people who would rather check email or visit the web on a traditional computer will opt for an e-book — but these consumers will be in the minority as people will opt for converged connected devices. For continued growth and success, e-book readers have to add new functionality in order to compete for consumer dollars.


This market isn’t really about hardware, anyway; it’s about the sale of content — and Amazon is still expected to earn a billion dollars on digital books, even if its Kindle hardware doesn’t continue to sell well. That explains why Amazon created a Kindle for iPad application and why Barnes & Noble today outed its reader software for Apple’s slate: More content on more devices equals more money.


Original post by Kevin C Tofel.
You can read it here: http://gigaom.com/2010/05/27/why-e-book-reader-sales-are-seen-heading-south/