E-reader sales plunge as tablets take over

Sales of dedicated e-reading devices like the black-and-white Kindles are in an "alarmingly precipitous decline" this year...

December 13, 2012 / 17:30 IST

Sales of dedicated e-reading devices like the black-and-white Kindles are in an "alarmingly precipitous decline" this year after five years of rapid growth, research firm IHS iSuppli says.Full-blown tablets with color screens are behind the decline, the firm says. Amazon.com Inc. now sells tablets under the Kindle brand, and Barnes & Noble Inc. has added tablets to its Nook e-reader line.Click here for full story

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first published: Dec 13, 2012 05:21 pm

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