Are consumers dumping their Kindles in favor of Apple's versatile iPad? As iPad buyers seem poised to use their iPads as e-readers, Amazon may need to cut prices or add features to its Kindle to compete with Apple's color-touchscreen tablet, analysts say. The iPad is also stealing attention from Barnes & Noble's Nook and Sony's Reader.
Internet retailer Amazon.com may need to write a new chapter for the Kindle in the face of fierce competition from Apple's iPad.
Since Apple announced on Jan. 27 that it would sell a versatile tablet computer that lets users read electronic books and perform a range of other computing tasks, analysts have said the iPad would likely take a bite out of sales of dedicated e-book readers such as Amazon's popular Kindle. In light of Apple's Apr. 8 announcement that it sold 450,000 iPads in less than a week, Wall Street analysts are already slicing their forecasts for Kindle sales.
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