To quote from the article
Quote:
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My reasoning is quite simple. Everything a Nook or a Kindle can do an Apple iPad can do better. And, what's far more important, an iPad can do far, far more.
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Why should I buy a $50 mp3 player the size of a USB thumbdrive when I can spend $300 and buy an iPod touch because it can do everything a $50 mp3 player does and more.
The iPod touch is a fine mp3 player, but sometimes people just want a basic device that does one job and does it well. I for one do not want an iPad or any other tablet with an LCD screen to be bought for the primary task of reading. The author is just writing a far stretched article. Proper research of the market (and history of other devices) suggest there is room for both cheap dedicated devices and expensive multi purpose devices.
In my view what potentially may come from todays announcements of price drops of the Nook and Kindle (and new $149 wifi-only Nook) is I feel companies such as B&N and Amazon will make next to zero profit on the devices and all their ebook income will be derived from content.