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.
Blake Bos has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Amazon.com, and Google. Motley Fool newsletter services recommend Apple, Amazon.com, and Google. 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.