Amazon confirmed our speculation that they are planning to target colleges and universities with a new version of the Kindle, reports the Seattle PI. Textbooks are a $5.5 billion annual market, and most publishers now offer electronic versions of their textbooks. McGraw-Hill Education, for example, publishes 95% of their books electronically as well as in print. But there is no compelling device to read them on. The new Kindle will likely be a large screen version of the original, which is much better suited for textbooks.
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