Saturday, May 9, 2009

Buy some Amazon-AMZN

Amazon To Target $5.5 Billion Textbook Market With New Kindle?

Texas House approves bill on funds for school electronic text books.

Textbooks of the future? If that turns out to be the case Amazon is set to grab onto that market share.

It will probably take a while for this to become integrated into schools nationwide, we'll see how it does in Texas.

However, regardless of the kindle/textbook outcome Amazon is a great long term investment. Even in the rough economy, Amazon has still produced a good looking 1st quarter statement, much better than most companies in their sector.

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1 comment:

College Textbook Team said...

Plus Amazon sales a ton of new textbooks and makes some good user fees on the used textbook marketplace.