Earlier this week computer manufacturer Acer announced that it would halt its plans to launch an eReader. It was only in January that Acer said it was working on an eReader, so this is a quick reversal.

According to RegHardware, a UK-based blog, Acer feels uncertain that eBooks will advance beyond a niche market and that Acer is waiting to see what happens before getting involved, though they’ve got the hardware ready to go.

Niche market? Really? Still? C’mon. One thing’s for sure, we don’t need another eReader. Unless it’s really cheap.