Online Stock Trading - Invest in Amazon?
Is Amazon a good investment? Amazon presented its new Ebook Reader at its conference on Monday and explained that over 10% of the units it sells are Kindle book sales. So wil I buy stocks in Amazon ?
The new Ebook Reader has been re-designed to make it much thinner - only 0.36 inches, compared to the Apple iPhone which is 0.48 inches
It also has seven times more storage space than Kindle Ebook Reader 1
It was also helped in its presentation by best-seller author Stephen King who wrote a new novel called Ur, specially for the Ebook Reader and so far is available only on the Kindle in person live and kicking and reading his story written specially for the Kindle Ebook Reader.
The price is still $359 which is the same as the Kindle 1. It is Amazon's ambition to put every book ever written on the Kindle, which seems rather extravagant, and are they all worth the trouble?
The latest newspaper available on the Kindle is USA Today, you can also put your blog on the Kindle if you want.
The Kindle Ebook Reader 2 will be available on Feb. 24
This is expected according to Citigroup - Investing in Amazon - to be a big money spinner for Amazon and according to Citigroup - not only from the actual devices themselves but also of course from the continuing sales of the ebooks and newspapers, magazines etc...
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