Encouraging e-Book Sales and Competitive New Services Signal Bright Prospects for Amazon

Amazon started as an online book seller before diversifying to be the multi-service provider it currently is. The company is credited with revolutionizing the ebook market by introducing the Amazon Kindle. The Kindle enables the user to read the electronic copy of a book on the move without worrying about the weight and volume that is usually associated with a physical book. It also enables users to carry multiple books, all in electronic form, at the same time and read them wherever they want…