Amazon's E Book may fail to Kindle interest

Book buying as a measure of adult reading is down according to a new survey but in an electronic world, maybe the paper "codec" will be supplanted by an e-book. Amazon announces its "Kindle" today. Forbes notes that at $399, it might not catch on. Lots of folks are using iPhones to read on the go.

Kindle’s ability to tap into content from Amazon, coupled with its wireless connection, may not be enough to make it a winner. At $399 it’s not only pricier than a small library of used books, it’s more expensive than Asustek’s 2-pound, $299 Eee PC laptop. Another catch: Amazon, according to Newsweek, is going to charge subscription fees for blogs, magazines and newspapers. Yet most magazines and newspapers — and practically every blog — can be had online for free.

Source: forbes.com

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