Dan Brown's 'The Lost Symbol' on Kindle Outselling the Hard Copy

Amazon (AMZN) is currently trading up $6.18 (7.4%) to $89.73 today after Bank of America upgraded the stock to Buy this morning. But the fact that the Kindle's edition of Dan Brown's new book The Lost Symbol is currently outselling the hardback novel also may be contributing to the gains. It will be interesting to see if these numbers hold up for The Lost Symbol, and if the trend towards e-readers continues to gain steam.

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Comments

[Jason Tillberg:]

AMZN is a good reason to know for near sure that this stock market is still a bubble.

Sep 17 02:00 PM

[Snitzer:]

Kindle and it's ilk may be the wave of the future, but until they get the cost per unit down to where the low income kids with voracious reading appetites and the old folks on fixed-at-low-levels incomes who enjoy curling up with a good read can afford one they'll be naught but a limited time bubble machine.

Sep 17 08:50 PM

[Snitzer:]

rrtzmd: That's just it; I did think. I burn maybe a tank of gas a month, what TV I watch comes in over a set of amplified rabbit ears, I don't eat donuts and why, as an investor/trader, would I pay that price to read the WSJ?

I do, however, plod merrily along on my treadmill, no radio, no TV, just me and my thoughts. And in amongst those thoughts are just how over priced the Kindle is, especially as there is plenty of upside potential to be explored. Really, black and white, no video? Kill a tree for me, it's a better deal.

Sep 21 08:50 PM