Apple's tablet is putting the squeeze on Amazon's Kindle, and a head lock on independent book stores.
Here's a wholly unoriginal thought: book stores, especially independents, are screwed.
Yes, this is same Chicken Little wail that's been recycled ever since Amazon introduced it's first iteration of the Kindle e-reader. But with Amazon's latest sweetened offer to publishers -- 70-percent of royalties from electronic sales -- it's clearer than ever that the line for indie book shops is trending down and will likely stay headed in that direction for the foreseeable future.
Amazon's newfound generosity towards publishers -- who usually only see half that rate -- is largely assumed to be a reaction to news that Apple's rumored tablet is going to be worthy competition. Which means "book" prices will go down, publishers (and authors) will keep more of their cash and consumers will have even more options to choose from. The only catch: Less comfy chairs to sit in while browsing.