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Apple Bites Off a Juicy Chunk of E-Book Market

June 07, 2010

Lately it seems that every idea Apple has returns piles of cash to the company's coffers. So, it should not be surprising that Apple is experiencing quick success in the e-book marketplace. More than more than 5 million e-books have been downloaded to Apple iPads in the roughly two and a half months since the device was released, according to Apple CEO Steve Jobs.

Apple's early momentum in the e-book space should be a warning to Amazon, Sony and other companies that make devices for reading e-books, Harry Wang, director of mobile products research with Parks Associates, told MacNewsWorld.

From the article, "Apple Bites Off a Juicy Chunk of E-Book Market" by Sidney Hill

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