Reports are out that Amazon, the Goliath on-line book dealer that sells everything from fine jewelry (Sterling Canyon) to stand mixers is about to embark on a new journey. The Amazon Kindle is about to get a sibling, a cell phone. Yes folks, the Amazon Kindle cell phone is being perfected as we speak.
For the past couple of years, Amazon has also been in the book publishing business. Turns out that author Joseph Conrad and other authors have been going to Amazon to publish their books. The big publishing houses like Simon & Schuster and Penguin books are being squeezed out. Amazon has been stealing their book editors and hiring them to edit books from these authors. The books are then converted to e-books at a much lower cost. The authors in turn receive much higher royalties. Joseph Conrad is said to be earning $4000 per week. Amazon most likely plans to make a phone that will hold and display e-books. (Get your magnifying glasses out). What a beautiful world this is. Too cool for this reader.
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