Apple introduces iBooks: iTunes for eBooks
Basically iBooks is like iTunes for eBooks. Apple has reached deals with 5 major book publishers and starting today there should be a ton of books available for download including New York Times bestellers.
We don't have details on the price yet. And I'm a bit skeptical that Apple's 1.5 pound, 10 inch tablet with a full color display is going to provide the same kind of reading experience as a thin, light, and high-contrast grayscale eBook reader such as a 10 ounce Amazon Kindle. But it should be interesting to see how Apple's new eBook marketplace affects the digital book space. Amazon, Barnes & Noble, and other eBook distributors are about to get some serious competition. And that should be a good thing for innovation both in the software and hardware for digital book readers.
As cool as Ray Kurzweil's Blio looks, you have to wonder if it has a snowball's chance against iBooks.