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There is a saying that Alchohol and Pornography will always perform well in a recession. This sentence is pointing to the fact that unemployed people can't afford to maintain positive relationships. This leads to human contact through photographs and self medication. Books are another form of affordable human contact, which is enjoyed by a larger market than Porn.

Filed under: Competitive strategy, Google (GOOG), Amazon.com (AMZN), Media World, Technology

Filed under: Competitive strategy, Apple Inc (AAPL), Amazon.com (AMZN)

Barnes & Noble Inc. (NYSE: BKS) recently announced an electronic e-reader to compete with the likes of the Amazon.com's (NASDAQ: AMZN) Kindle and Sony Corp.'s (NYSE: SNE) Reader.

In perfect holiday fashion, the e-reader is set to become the "must have" gadget for the gift-giving season almost upon us. The newer Nook device has a small color screen that allows easier content locating (but no keyboard), the ability to "lend" digital books to a friend and built-in wireless internet.

Filed under: Google (GOOG), Amazon.com (AMZN)

As expected, Barnes & Noble (NYSE: BKS) has announced its entry into the e-reader market. The top bookseller, with green stores all over the country (and, for that matter, my neighborhood) is eager to get a taste of of the success Amazon (NASDAQ: AMZN) has realized with the Kindle.

The Barnes & Noble e-reader, which will be called the Nook, will be available at the company's more than 750 locations in the United States at a price of $259. Essentially, it's coming in at the same spot as the Kindle, which currently owns 60% of the U.S. market.

Filed under: Apple Inc (AAPL), Amazon.com (AMZN), Sony Corp ADR (SNE)