Kindle shows e-book future

<p>Electronic books have been available in some form for a couple of decades, but the 7-month-old Amazon Kindle is flashing the publishing industry its clearest peek at the future of reading - even if analysts say the much-hyped e-reading device won&#39;t immediately upend the text business as the iPod has recently transformed the music world, notes the San Francisco Chronicle.<br /><br />Steve Weinstein, an analyst who tracks Amazon and other Internet commerce sites for Portland&#39;s Pacific Crest, predicts that Amazon&#39;s global e-book sales could hit $2.5bn by 2012. He estimates that the company sold 40,000 units a month this year at its original price of $399 (the price was recently reduced to $359, including wireless charges) and could sell between 700,000 and 800,000 by the end of 2008. &quot;I don&#39;t expect it to have the same impact on the industry as the iPod had on the music industry,&quot; Weinstein said. <br /><br /><br /><br /><br /></p>