. Space Industry and Business News .

News popular on tablets but few want to pay: study
by Staff Writers
Washington (AFP) Oct 25, 2011

Catching up on news is among the most popular activities for tablet computer owners, but most are not willing to pay for it, according to a study published on Tuesday.

The joint study by the Pew Research Center's Project for Excellence in Journalism and The Economist Group brings unwelcome news for media outlets hoping to bolster flagging print revenue with paid digital news content.

Eleven percent of US adults now own a tablet computer such as Apple's iPad or some other device, according to the study.

Seventy-seven percent of 1,159 US tablet owners surveyed said they use their tablet every day, spending an average of about 90 minutes on the device.

Sixty-seven percent said they use their tablet daily to surf the Web, 54 percent said they use it to send and receive email and 53 percent said they use it to get news.

Thirty-nine percent said they use their tablet daily for social networking, 30 percent for gaming, 17 percent for reading books and 13 percent for watching movies and videos.

But while more than half of tablet owners were using the devices daily to get news, just 14 percent said they have paid directly for content, the study found.

Another 23 percent have a subscription to a print newspaper or magazine that includes digital access.

Twenty-one percent of the tablet news consumers who haven't paid directly for news said they would be willing to spend $5 a month if that were the only way to access their favorite news source on the tablet.

"When it was launched, many observers believed that the tablet might help change the experience of news consumers and the economic ground rules of digital news consumption," the study's authors said.

"That belief was based on the sense that people would consume information on tablets largely through special applications or apps... which news organizations might be able to charge for," they said.

The study found, however, that while two-thirds of tablet news consumers have a news application on their tablet, most rely on their ordinary browsers.

Forty percent said they get their news mainly through a Web browser, 31 percent said they use news applications and the Web browser equally, and 21 percent said they get their news mainly through apps.

"If news organizations are more successful at finding a way to reap revenue in the tablet environment than they have on the Internet more broadly, the movement toward tablet consumption could be quite promising," the study's authors said. "The likelihood of that, though, is uncertain at best."

"And the further movement away from print and television suggests that news companies have little time to find that new economic model before the revenue from their legacy platforms completely dries up," it said.

The study was conducted between July 15 and July 30 and has a margin of error of plus or minus 3.5 percentage points.

Related Links
Space Technology News - Applications and Research

Get Our Free Newsletters Via Email
Buy Advertising Editorial Enquiries

Amazon shares dip on weak net profit, outlook
New York (AFP) Oct 25, 2011 - Amazon shares plunged in after-hours trading on Tuesday as the online retail giant said net profit fell sharply in the third quarter and provided a weak outlook for the holiday period.

Amazon shares shed 14.25 percent to $194.77 after the Seattle, Washington-based company released its earnings for the quarter which ended on September 30.

Amazon said net profit declined 73 percent to $63 million in the quarter compared to the same quarter a year ago.

Earnings per share of 14 cents were well below the 24 cents per share expected by Wall Street analysts.

Revenue was up 44 percent to $10.88 billion, slightly below the $10.93 billion forecast by analysts.

Amazon said it expected revenue of between $16.45 billion and $18.65 billion in the current quarter, less than the midpoint of $18.10 billion expected by analysts for the period which includes the Christmas holiday.

In a statement, Amazon founder and chief executive Jeff Bezos emphasized sales of the Kindle electronic book reader and the Kindle Fire tablet computer introduced last month.

"September 28 was the biggest order day ever for Kindle, even bigger than previous holiday peak days," Bezos said.

"In the three weeks since launch, orders for electronic ink Kindles are double the previous launch," he said. "And based on what we're seeing with Kindle Fire pre-orders, we're increasing capacity and building millions more than we'd already planned."

Amazon does not release actual sales figures for the Kindle.


. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Netflix loses 810,000 US subscribers
New York (AFP) Oct 24, 2011
Netflix shares plunged in after-hours trading Monday after the US video service said it lost more US subscribers in the third quarter. Netflix, which has seen a spate of management bungles in recent months, said it had 23.8 million subscribers in the United States at the end of the quarter, a loss of 810,000 from the previous quarter. Netflix said net profit rose 65 percent to $62 millio ... read more

RIM stock suffers on new tablet software stall

News popular on tablets but few want to pay: study

Wearable depth-sensing projection system makes any surface capable of multitouch interaction

The eyes have it: Computer-inspired creativity

First MEADS Battle Manager Begins Integration Testing in the United States

Elbit Establishes Israeli MOD Comms Equipment Supply Upgrade and Maintenance Project

Boeing FAB-T Demonstrates High-Data-Rate Communications with AEHF Satellite Test Terminal

NRL TacSat-4 Launches to Augment Communications Needs

SpaceX Completes Key Milestone to Fly Astronauts to International Space Station

ILS Proton Launches ViaSat-1 for ViaSat

Final checks for first Soyuz launch from Kourou

Soyuz is put through its paces for Thursday's launch

Soyuz places Galileo satellites in orbit - mission control

GPS shoes for Alzheimer's patients to hit US

GIS Technology Plays Critical Role to Aid Joplin Tornado Survivors

Russia surprised as Apple uses Glonass in new iPhone

Boeing Dreamliner makes first commercial flight

Boeing Dreamliner to make first commercial flight

EU rebukes US Congress over airline emissions rules

US House targets EU airlines emissions rule

NIST measures key property of potential spintronic material

Superlattice Cameras Add More 'Color' to Night Vision

A new scheme for photonic quantum computing

Point defects in super-chilled diamonds may offer stable candidates for quantum computing bits

Better use of Global Geospatial Information for Solving Development Challenges

NASA postpones climate satellite launch to Oct 28

NASA Readies New Type of Earth-Observing Satellite for Launch

NASA, Japan Release Improved Topographic Map of Earth

Fresh oil pollution reported in Nigerian region

Home washing machines: Source of potentially harmful ocean 'microplastic' pollution

Pollutants linked to a 450 percent increase in risk of birth defects

Greenpeace's Rainbow Warrior III makes maiden voyage


The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement