The guest on this week's nationally syndicated Motley Fool Money radio show is Ron Adner, an award-winning professor and author of the new book The Wide Lens: A New Strategy for Innovation. Sony created the first e-reader, a full year before Amazon.com came out with the Kindle. So how has Amazon succeeded when Sony had the first-mover advantage? In this audio segment, Adner finds that although Sony had the better product, Amazon had the better overall solution for consumers. Likewise, Adner argues that while the Kindle device is succeeding, the Kindle app is far more important to Amazon's long-term battle with competitors.
Chris Hill owns shares of Amazon.com. The Motley Fool owns shares of Amazon.com and Apple. Motley Fool newsletter services have recommended buying shares of Apple and Amazon.com and creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.