Danger for Sony: it is already too late.
Sony has squandered an early lead in a new field because another company was better not just at inventing an electronic device but also at linking it to a wireless network and making it easy for consumers to use. The Sony product is the Reader, a portable device for reading electronic books, which the company launched two years ago. This time Sony’s competitor is Amazon, which has swept past Sony with the Kindle, a rival e-book reader that is showing every sign of becoming the iPod of this nascent market.
FT
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