Page 25 - E Reader News Today

In todays tech watch, its a new chapter in the power of the e-reader. for the first time, ebook sales have surpassed all others. that means hard covers and paperbacks out there. the association of american publishers say ebook sales amounted to $93.1 million. a key new number showing americans are paying more for gas and food. the consumer price index is at its highest level in more than two years, now 2.7%. how high will the gas and food prices go? joining me now msnbc financial analyst vera ...

About the power button, engadget said its possible to find and feel and once located its difficult to activate. pretty scathing reviews there, pauline. >> yes. thats a problem if you cant find the power button. nina, it may be a bit too soon to write off the paperback book but for the first time, ebooks have passed those of paperbacks. e book sales hit $90.3 million. adult paperback lag behind at 81.2 million. sales of e-readers and tablet computers have surged and consumers want to use them. ni...

Time its gas to go first, chris, retail sales are up 2% from a year ago so different from textbook economics but people are redoing priorities. >> if youre staying home, if youre going to read, amazon says it will lower its price on the e-reader but there is a catch, right. >> there is a catch. this copy of "moneyby dick" is brought to you by buick regal. amazon is offering a kindle thats 25 bucks cheaper or $114 but comes in ads. they only show up on the home page and screen savers and not nece...

Porvenir, doesnt in spanish it mean future? these poor people dont have one. thelma gutierrez, thank you so much. put down your ipad and e-reader and think about todays bankruptcy news just for a second for me. is the bookstore chain the proverbial canary in the mines for books? well get more on that in your political ticker all coming up next. a financial partner like northern trust. by gaining a keen understanding of your financial needs, were able to tailor a plan using a full suite... of s...

Much anything else you want to do with the ipad. >> even though its about a $350 price differential for even the most basic model of the ipad. >> yeah. i mean the price differential is huge. thats why amazon is trying to differentiate itself in the market by saying were going for this lower price point and going for the longful reader. its at what cost? at the price point of $139, theyre a long way away from where they debuted the kindle. so that means their profit margins are hurting. >> how lo...

Amazon.com says for every 100 hardcover books it sold over the last month, it sold 180 e-books. amazon says sales of its kindle e-reader have tripled since a price drop last month. dont count out paper booshks y. last year they were just a sliver of the book industry. >> for those of you who have wiftfully walked past the shop of the last few years, dont worry, the soup nazi is coming back to manhattan. not on seinfeld. the guy who inspired the seinfeld sitcom character will reopen his original ...

Tell your doctor if you are taking other medications, or if you have any muscle pain or weakness. this may be a sign of a rare but serious side effect. my dad learned the hard way. but you may be able to do something. [ male announcer ] have a heart to heart with y. no one really knew if the e-reader would catch on. you can read a book from a computer screen. now were seeing price wars. before we get to that, we have to talk about the big tech news of the week. what everyone is talking about. ...

Competition in the marketplace. not only are there over 20 different e-readers on the market but the i-pad for example, listen, am i going to buy a $499 multimedia device that i have access to my web browser and music and video and apps and then also have an e-reader on here? its like, am i going to get that, an entire multimedia unit or just a proprietary e-reader? its interesting too. in the first 65 days the i-pad was released 5 million e-books sold. if that doesnt speak volumes and 22% of th...

Sweet spot is maybe a hundred bucks. now you have a big price to climb. for example youre looking at the nook and the kindle both dramatically cutting those prices. >> yes. >> do you think more people are going to buy them because of that? >> bottom line is there is more competition in the marketplace. you hit it. we are seeing from consumer research that the sweet spot, yes, is in the hundred to $150 range. so you remember over the holidays e-readers were really booming and actually it was amaz...

Logical innovation is setting sales record but kindle is more than an e-reader. you can use it to plop up a wobbly table leg or use it as a coaster. kindle, were finished. >> so, guess what -- >> thats not very nice. >> its not. the kindle actually, if youre in the business were in, i love my ipad, i love it. but the kindle, you can fly through the articles quickly. you can highlight them, hook it in the computer, print it out. it really -- i have to get one for brother buchanan. >> there you go...