It comes as no surprise, with the way tablets are spreading

Aug 20, 2013 09:08 GMT  ·  By

You know, while I admire the idea behind e-readers, I have to admit I have never found the need to buy one. And according to E Ink Holdings, it seems that I am not the only one.

The company has suffered a loss of $33.7 million (about €25 million) in the second quarter of 2013, as well as revenues dropping to 35% when compared to 2012. This is due to the fact that e-reader manufacturers have delayed their launch for the third quarter of the year.

One might also say that, with the current spread of tablets, we might be witnessing the disappearance of e-readers in favor of newer, more versatile devices.

E Ink have not laid down their arms though, with the company seeking new areas that might take advantage of the e-paper technology.