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Originally Posted by kindlekitten
and what do we know about that?
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Well, we don't, and neither does she. She's an analyst-her job is to analyze past, current, and future trends in the market, and make recommendations to her clients, which includes potential impacts on Amazon's future profits and earnings. The iPad was just one factor she brought up. Google Editions was another.
The impact on Amazon's short-term and long-term future in eBooks because of the Nook, iPad, Google Editions, and the rapidly changing eBook market as a whole are all speculation right now. She seems to have taken all that into consideration when she cut her forecast for Amazon.