McGraw Hill: The discounted iPad 2 is just what schools needed

McGraw Hill: The discounted iPad 2 is just what schools needed

By on March 12, 2012 at 6:05 PM.

In a special January event at the Guggenheim Museum in New York City, Apple’s VP of marketing Phil Schiller announced that the Cupertino-based company was looking to change the textbook industry with iBooks 2 and iBooks Author. McGraw Hill Education believes that the new iPad, which was announced on March 7th, will truly revolutionize education. According to Vineet Madan, McGraw Hill’s vice president of new ventures, the discounted iPad 2 will now allow more schools to deploy iPads to their students for education. “I’ve long thought that the tipping-point price for a tablet is between $200 and $300,” Madan said in an interview with TPM. “Now that the entry-level iPad 2 has dropped by $100, and it’s now $399 for a 16 gigabyte version, we’ll see much more uptake. The iPad 2 still a phenomenally powerful device [and] our content performs incredibly well on that device. At the same time, we can build better things for new iPad.” Read on for more. More →

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Kindle Fire extinguishes eReader demand in Q1

Kindle Fire extinguishes eReader demand in Q1

By on March 8, 2012 at 6:25 PM.

Amazon’s popular Kindle Fire is seen as having a huge impact on eReader shipments in the first quarter of 2012. The 7-inch Android tablet burst onto the scene in November and with less than seven weeks of availability in the fourth quarter, it managed to secure Amazon 14% of the global tablet market according to IHS iSupply. Demand for the Kindle Fire has remained strong in the first quarter — the slate is still Amazon’s best-selling electronics device for the 16th week running — and according to DigiTimes Research, eReader shipments will take a huge hit this quarter as a result. A seasonal decline from the holiday quarter to the first quarter is always anticipated, but DigiTimes’s research arm sees global eBook reader shipments dropping from 9 million units in the December quarter to just 2 million this quarter, a 78% decline. DigiTimes Research still projects solid eReader shipment growth in the coming years, however, as sales into channels jump from an estimated 22.82 million units in 2011 to more than 60 million units by 2015. More →

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DOJ threatens Apple with antitrust suit over eBook price-fixing

DOJ threatens Apple with antitrust suit over eBook price-fixing

By on March 8, 2012 at 9:05 AM.

The United States Department of Justice has warned Apple and five top U.S. book publishers that it plans to file an antitrust lawsuit against them, The Wall Street Journal reported on Wednesday evening. According to the paper’s multiple unnamed sources, the DOJ alleges that Apple colluded with publishers to raise the prices of eBooks sold through Apple’s iBooks store. Publishers named in the report include Simon & Schuster Inc., Hachette Book Group, Penguin Group, Macmillan and HarperCollins Publishers Inc. Read on for more. More →

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Amazon may launch 10-inch Kindle Fire in Q2, new color E Ink reader next month

Amazon may launch 10-inch Kindle Fire in Q2, new color E Ink reader next month

By on February 20, 2012 at 1:05 PM.

Amazon is reportedly preparing to launch a new 6-inch color E Ink eReader as soon as next month, followed by a 10-inch Kindle Fire tablet some time in the second quarter this year. E Ink Holdings has received initial orders for Amazon’s a 6-inch color eReader according to DigiTimes, a device that would be Amazon’s first eBook reader to feature a color E Ink display. The retail giant is reportedly looking to have more than 3 million color eReaders built each month, and shipments are scheduled to begin in March. In a separate report, DigiTimes reaffirms recent rumors that a 10-inch Kindle Fire will begin shipping in the second quarter this year. The report states that Foxconn has been awarded the manufacturing contract for Amazon’s 10-inch Fire while Wintron will begin ODM production of a Nook Tablet for Barnes & Noble around the same time. It is unclear if the Barnes & Noble tablet mentioned in the report is a new model or the current tablet. More →

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E Ink revenues nose dive 60% in January

E Ink revenues nose dive 60% in January

By on February 8, 2012 at 11:35 PM.

E Ink, the popular company that provides paper-look gray-scale displays for eReaders, reported consolidated revenues of $48.02 million in January, down 63.6% from the same month last year and 11% sequentially. The growing popularity of media tablets with full-color displays likely played a big role in the decline — sales of Amazon’s Kindle Fire and Barnes & Noble’s Nook Tablet are thought to be eating into the companies’ respective dedicated eReader businesses to an extent. Even though E Ink’s revenue took a nose dive in January, the company said that it expects to post revenues of $1.35 billion this year, up 5% from 2011.

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Barnes & Noble’s next Nook said to launch this spring

Barnes & Noble’s next Nook said to launch this spring

By on January 30, 2012 at 9:15 AM.

Barnes & Noble’s fifth-generation “e-reading device” will reportedly launch this coming spring. Mentioned in passing within a New York Times profile of the struggling bookseller, it is unclear if the device in question will be a new media tablet or a standard eReader. With Barnes & Noble’s current-generation color tablet having just been announced this past November, however, a refresh of the company’s E Ink-equipped Nook Touch in the spring seems more likely. Barnes & Noble first unveiled the Nook Touch — then referred to as the “all-new Nook” — at a press conference in New York last spring. The device has since been upgraded with an improved display and a battery that lasts up to two months on a single charge, but the design of the eBook reader remained unchanged. The lightweight ergonomic case and soft-touch rubber feel on the Nook Touch make it our preference over Amazon’s E Ink eReader, so we hope the company’s fifth-generation model doesn’t stray far from the current design. More →

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‘Inside Apple’ explores Apple’s secrets, hits bookshelves on January 25th

‘Inside Apple’ explores Apple’s secrets, hits bookshelves on January 25th

By on January 3, 2012 at 7:30 PM.

Adam Lashinsky’s new book “Inside Apple” is expected to hit bookshelves on January 25th. The novel discusses the inner workings and secrets of Apple, including Apple University and a mysterious retreat that executives take each year. According to the book’s synopsis: “In this primer on leadership and innovation, the author will introduce readers to concepts like the ‘DRI’ (Apple’s practice of assigning a Directly Responsible Individual to every task) and the Top 100 (an annual ritual in which 100 up-and-coming executives are tapped a la Skull & Bones for a secret retreat with company founder Steve Jobs).” The hardcover version of Inside Apple will cost $16.92 and a Kindle eBook edition will also be available for $12.99. More →

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Amazon: More than 4 million Kindles sold this holiday season

Amazon: More than 4 million Kindles sold this holiday season

By on December 29, 2011 at 9:55 AM.

Amazon announced on Thursday that the 2011 holiday season was the best ever for sales of its Kindle devices. While the online retailer didn’t specifically say just how many devices were sold by model, it did say Amazon customers purchased “millions of Kindle Fires and millions of Kindle eReaders” and more than 1 million devices per week during the month of December. The company also noted that its #1 and #4 best-selling eBooks released this year were published by independent authors through its Kindle Direct Publishing platform. “We are grateful to our customers worldwide for making this the best holiday ever for Kindle,” Amazon.com CEO Jeff Bezos said.  “And in a huge milestone for independent publishing, we’d also like to congratulate Darcie Chan, the author of ‘The Mill River Recluse,’ and Chris Culver, the author of ‘The Abbey,’ for writing two of the best-selling Kindle books of the year.” The Kindle Fire was the most popular device followed by the Kindle Touch and the Kindle. Amazon also said that gifting of Kindle eBooks jumped 175%, between Black Friday and Christmas Day, compared to last year. Amazon’s full press release follows after the break.

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Amazon currently selling over 1 million Kindles each week

Amazon currently selling over 1 million Kindles each week

By on December 15, 2011 at 9:40 PM.

Amazon’s Kindle line was expected to be a popular option for holiday shoppers and the retailer confirmed as much on Thursday. Straying from its normally tight-lipped stance with regard to sharing sales volumes, Amazon announced that its Kindle Fire tablet and Kindle eReaders have sold more than 1 million combined units for three consecutive weeks. “Kindle Fire is the most successful product we’ve ever launched – it’s the bestselling product across all of Amazon for 11 straight weeks, we’ve already sold millions of units, and we’re building millions more to meet the high demand,” VP of Amazon’s Kindle business Dave Limp said in a statement. “In fact, demand is accelerating – Kindle Fire sales increased week over week for each of the past three weeks. People are buying Kindle Fire because it’s a simple, fully-integrated service that makes it easy to do the things they love – watch movies, read books and magazines, listen to music, download apps, play games, and surf the web.” Limp added that the Kindle family of eBook readers are close behind Kindle Fire on the Amazon.com bestseller list. The company’s full press release follows below. More →

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Barnes & Noble Nook Color update brings Netflix, other Nook Tablet features

Barnes & Noble Nook Color update brings Netflix, other Nook Tablet features

By on December 13, 2011 at 3:00 AM.

Barnes & Noble’s previous-generation Nook slate is getting an update beginning today that will add a number of features from the new Nook Tablet to the device. “Among the new features, NOOK Color v1.4.1 now offers access to streaming popular movies and TV shows through Netflix, comics and graphic novels, new PagePerfect NOOK Books, reading NOOK Books in portrait and landscape modes, and many other enhancements through-out the device,” Barnes & Noble said. Version 1.4.1 of the company’s Android-based operating system is available immediately as a manual update on Barnes & Noble’s website and it will automatically be downloaded to devices over Wi-Fi beginning some time this week. Barnes & Noble’s full change log follows below. More →

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European Commission to investigate Apple, eBook publishers in antitrust probe

European Commission to investigate Apple, eBook publishers in antitrust probe

By on December 6, 2011 at 9:01 AM.

The European Commission announced Tuesday that it has opened formal proceedings to investigate whether or not major eBook publishers, possibly “with the help of Apple,” are “engaged in anti-competitive practices affecting the sale of eBooks.” The publishing companies named in the investigation include Hachette Livre, Harper Collins, Simon & Schuster, Penguin and Verlagsgruppe Georg von Holzbrinck. “The Commission will in particular investigate whether these publishing groups and Apple have engaged in illegal agreements or practices that would have the object or the effect of restricting competition in the EU or in the EEA,” the European Commission said in a statement. It is unclear how long the investigation will take. A press release from the European Commission follows after the break. More →

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Barnes & Noble Nook business jumps 85% to $220 million

Barnes & Noble Nook business jumps 85% to $220 million

By on December 1, 2011 at 9:50 PM.

Barnes & Noble on Thursday reported its results for the second fiscal quarter of 2012, in which it revealed its Nook business has seen stellar growth over the last year. The company said that its Nook business, which includes sales of tablets, eReaders and eBooks, pulled in $220 million in the second quarter, up 85% from the same quarter last year. Barnes & Noble did not reveal how many Nook devices it sold during the quarter but said that it expects to sell “millions of devices” during the third fiscal quarter. B&N.com sales increased 17% year-over-year from $177 million to $206 million, but Barnes & Noble’s overall sales fell 0.6% from $190 billion in the second quarter last year to $189 billion this past quarter. Retail sales also dropped 1% from $931 million to $918 million. Barnes & Noble’s full press release follows after the break. More →

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