Before that thing called the Kindle, Sony was one of the first companies 
to offer an eBook Reader, although, without the subsidiaries of the 
Kindle Store, their eReaders have been pretty expensive and sold 
mediocrely. A few eReader screen manufacturers (including big dog E Ink) 
have showed off prototypes of
color displays, but Sony isn't impressed.
Fuji Noguchi, deputy president of Sony's Digital Reading division said 
that Sony is  considering making color e-book readers, but there is no 
electronic paper whose quality is high enough for us.  Quite a blow to E 
Ink and all the other manufacturers who have showed off color prototypes.
Obviously, this is a hot issue as the iPad was revealed a few days ago 
with it's strong iBook application. Of course, the iPad has a color LCD 
screen, with 132ppi, and could be a strong competitor to the current 
eReader market place.
However, Noguchi believes that an electronic paper solution, vs. the 
glass OLED screen of the iPad, will appeal to most readers over a longer 
period of time. Despite facing strong competition from the Kindle and 
the Nook, Sony is doing well in the market they invented.
Noguchi reported to the press that sales of their eReader lines have 
been quadrupling on a year-by-year basis ever since the product line 
launched in October 2006.ย  He even pointed out that activation was slow 
on Sony's servers this past Christmas Day as so many people tried to 
register their new Sony Readers.
Sony currently has two eReaders for sale (the PRS-300 and PRS-600) with 
the cheaper of the two on sale for $300. Ooops, turns out Sony is 
selling three eReaders at the moment (the PRS-300, PRS-600 and the 
PRS-900) and with the lowest selling for $199. Props to Corey for 
noticing my mistake – I'll never trust Wikipedia again.

 
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