Amazon is revealing its third Kindle today at a jam-packed press conference in New York City. The new Kindle, which we first caught wind of last year, is expected to have a larger screen to be used for reading newspapers, magazines, and textbooks. (Don’t expect it to save the newspaper industry, though). Arthur Sullzberger, Jr. of the New York Times is in the house I’ll be liveblogging the event, which should start any minute now.
Bezos just stepped on stage.
The Kindle vision is every book ever printed available in 60 seconds. 18 months ago launched with 90K books, 200K books with launch of Kindle 2, added another 45K books.
Where we have Kindle editions, Kindle is now 35% of books sold for those titles. It took us 14 years to build up our physical books business. We find this very encouraging.
Bezos introduces the Kindle DX, built in PDF reader. No zooming, no panning, just read. shows off cookbooks, a picture of Sushi doesn’t look too appetizing in gray-scale, however, atlases, and textbooks.
announcing partnership with three top textbook publishers which account for 60% of textbook sales (Pearson, Wiley and Cengage Learning).
5 universities have agreed to pilot Arizona State, Princeton, Reed, U of Virginia, Case Western Reserve
Newspapers have been popular. This summer 3 newspapers have agreed to pilot Kindle DX for a reduced price in return for long term commitments for subscriptions, NYT, Washington Post and Boston Globe. But only for people who live in places where local delivery is not available.
Bezos is showing off PDF documents. pilots charts, sheet music, a document from Bezos’ library on rocket thruster. “This is the type of document I would have wasted ink toner on.”
With a large screen Bezos is showing that with teh larger screen newspaper headlines can now be accompanied with the first few lines of text when scanning headlines. For textbooks, you can change the number of lines and font size that it displays.
Kindle has a 9.7 inch display with autorotation. 3G wireless access to 275K books
Native PDF support
3.3 GB of memory
$9.99 or less for NYT best sellers, discount subscription coming for newspapers
$489 for Kindle DX versus $359 for 6 inch display
Here are some pics: