ap

Skip to content
FILE - In this Feb. 9, 2009 file photo, the Kindle 2 electronic reader is shown at an Amazon.com news conference in New York. Apple's new touch-screen "tablet" computer, expected to be unveiled Wednesday, Jan. 27, 2010, could give publishers the alternative to Amazon.com they have been craving and give consumers a new way to think about reading books without paper.
FILE – In this Feb. 9, 2009 file photo, the Kindle 2 electronic reader is shown at an Amazon.com news conference in New York. Apple’s new touch-screen “tablet” computer, expected to be unveiled Wednesday, Jan. 27, 2010, could give publishers the alternative to Amazon.com they have been craving and give consumers a new way to think about reading books without paper.
PUBLISHED: | UPDATED:
Getting your player ready...

SEATTLE — The company whose chief executive proclaimed in 2008 that people don’t read anymore may now be poised to swoop in and school the electronic-book-reader market. Apple, whose chief Steve Jobs predicted Amazon’s Kindle would never take off, could upend the fledgling e-reader industry in much the same way its iPod redefined digital music. If talks with publishers are any indication, that will happen Wednesday when its “latest creation” is unveiled.

Apple on Monday also reported its most profitable quarter ever over the holidays, as huge sales of the iPhone — and a new way the company accounts for the device — led to a nearly 50 percent jump in net income. The Associated Press

RevContent Feed

More in Business