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Barnes & Noble to Introduce Its Own Electronic Reader Nook to Match Amazon Kindle and Sony Reader
By Thomas Frommherz for CEOWORLD Magazine Updated:October 20, 2009
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The new electronic reader from Barnes & Noble Inc (NYSE:BKS), expected to launch on Today, features color, a touchscreen display and the same price tag as Amazon.com Inc’s (NASDAQ:AMZN) Kindle.
The device, called “Nook,” will compete with the Kindle and Sony Corp’s (NYSE:SNE) Sony Reader among other electronic readers that allow users to read digital content on a tablet-sized device.
WSJ reported, A new electronic book reader is expected Tuesday from book seller Barnes & Noble Inc. (BKS) that will challenge readers from Amazon.com Inc. (AMZN) and Sony Corp. (SNE) with a color touch-screen and $259 price, according to a planned ad for the device.
The price for the reader, called the Nook, matches that of Amazon’s Kindle. The Kindle controls about 60 percent of the burgeoning e-book market, according to Forrester Research.
Details of the reader appear in a full-page advertisement viewed by The Wall Street Journal in the New York Times Book Review section dated Sunday, Oct. 25. The advertisement says the Nook will enable its owners to “Lend eBooks to friends.”
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