In the following video, Fool analyst Blake Bos talks about the end of antitrust probes regarding Apple (Nasdaq: AAPL) and the e-book industry.
Apple has had a stranglehold on the e-book business. But with the end of the probes, e-book sellers such as Amazon.com (Nasdaq: AMZN) and Barnes & Noble (NYSE: BKS) will be able to sell at lower prices than they had through their agreements with Apple, Blake says.
Amazon now has a 65% market share in e-books, with Barnes & Noble taking 27%.
The e-book industry remains in its early stages worldwide, with the U.S. and U.K. still making up some 50% of the overall market.
The market is growing, up 28% in the past year. But it's still small at $282 million. That's hardly enough to move the needle at companies such as Apple and Google (Nasdaq: GOOG). But for Barnes & Noble, this could be a big opportunity, Blake says.
Apple may no longer have a stranglehold on the e-book industry, but there's no doubt it's at the center of technology's largest revolution ever. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple, and what opportunities are left for the company (and, more importantly, your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.