Apple should buy Audible
As a number of members have advice of what Apple should acquire; my 2 cents worth.
Audible (ADBL) has virtually no competition in the audio book market (92 %) and has partnered with Apple and Amazon and recently with the BBC. there are 20 million shares outstanding with current price of under $15 which puts its market price ($300 million) in the same space as TIVO
It surprises me that with all the shuffles, iPods and other digital players
to be sold that someone has not tried to pick this company up. Unless
books on an iPod is a non starter this company should do well. If MS bought this company they might be able to force Apple to open iTMS, not to mention allowing iPods to play other formats.
I used iTMS to buy a book 'Wisdom of Crowds' a fairly new publication. Not only was it cheaper than the print version but I listened to the author describe his book before downloading. In Canada it was 37.95 for hardbound. In iTMS it was 26.00 can. and that was for the unabridged version.
The experience of getting something N O W cannot be understated imo.
and Audible is going to play a big part in the digital player future. Have you tried downloading a book? or magazine? what was your experience?
disclaimer: I bought some audible stock
Audible (ADBL) has virtually no competition in the audio book market (92 %) and has partnered with Apple and Amazon and recently with the BBC. there are 20 million shares outstanding with current price of under $15 which puts its market price ($300 million) in the same space as TIVO
It surprises me that with all the shuffles, iPods and other digital players
to be sold that someone has not tried to pick this company up. Unless
books on an iPod is a non starter this company should do well. If MS bought this company they might be able to force Apple to open iTMS, not to mention allowing iPods to play other formats.
I used iTMS to buy a book 'Wisdom of Crowds' a fairly new publication. Not only was it cheaper than the print version but I listened to the author describe his book before downloading. In Canada it was 37.95 for hardbound. In iTMS it was 26.00 can. and that was for the unabridged version.
The experience of getting something N O W cannot be understated imo.
and Audible is going to play a big part in the digital player future. Have you tried downloading a book? or magazine? what was your experience?
disclaimer: I bought some audible stock
Comments
Thanks for the disclaimer. You know I haven't tried an Audio Book yet. I'm wondering on if I will have the same affect after "hearing" rather than reading the story. Maybe I'll try a small book and see.
What is surprising is the number of new and bestsellers are available. My iPod works great with it too as it bookmarks. I never have time anymore
for reading except for some newspapers and forums such as this. But when I am in situations like cars, airplanes or even a barber shop it is a worthwhile experience. Especially for must read non fiction and educational books and papers.