Sunday, January 31, 2010


Run Faster For the Exits

Hard on the heels of last week's ominous report by the Financial Times, more at Borders: their CEO bolted on Tuesday, corporate HQ announced layoffs on Thursday.

Oh, and in between those two events... the iPad announcement.

I'd say the $499 base model pretty well (and pretty deliberately) plunges a dagger into the heart of Amazon's $489 Kindle DX, whose monochrome screen and DRM now make it look like the worst deal since... well, since whatever e-reader Borders was working on.

And now that has knocked Amazon off balance enough that it almost immediately capitulated today to a pushback on pricing by Macmillan -- though not before reminding Kindle owners once again that their Seattle overlords can peevishly yank content off their devices.

Interesting times, etc.

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