By John Mylant: Amazon (AMZN) has taken a steep move down over the last two weeks. It just happens that Apple's iPad mini has come out around the same time. Has this new product from Apple threatened Amazon's bottom line? Has it been the cause of investor anxiety dropping Amazon's price? Let's take a look at how the iPad mini might be influencing Amazon's stock price.
Amazon, in the latest salvo in the electronic book reader war, unveiled a new version of its large-screen Kindle on Thursday with a slashed price.The new Kindle DX, which features a 9.7-inch (24.6-centimeter) screen, costs 379 dollars, down from 489 dollars.Apple's cheapest iPad, the Kindle's chief rival, costs 499 dollars and features a color e-reader compared with the black-and-white Kindle, which is devoted exclusively to digital books.
Kevin Parker submits: Amazon.com (AMZN) has a major uphill battle for the long-term viability of its Kindle product. With the release of the Apple (AAPL) iPad - a far superior product in my opinion - Amazon is most likely feeling the heat. Amazon has recently updated its Kindle DX product with a new graphite finish and a price cut down to $379.
Jason Kincaid submits: Amazon’s Kindle is about to become even more affordable. Today, the company announced that it’s releasing a new version of its popular eReader with a new feature that everyone will like: a price-tag that’s $25 cheaper than the Kindle Wi-Fi’s normal $139. But it comes with one minor catch: Amazon (AMZN) will be placing ‘Special Offers’ — also known as ads — into specific parts of the Kindle UI.
US online retail powerhouse Amazon on Monday introduced a cut-price version of its Kindle electronic reader that features on-screen ads.Kindle with Special Offers e-readers priced at $114 each will begin shipping in the United States on May 3, according to Amazon.Amazon charges $139 for the same Kindle without ads or deals displayed as screen savers and on the home page. The e-readers connect to the Internet to download digital books using wireless connections to routers at "hotspots."
Online retail powerhouse Amazon on Wednesday began selling a cut-price version of its Kindle 3G electronic reader sponsored by US telecom carrier AT&T.Kindle 3G with Special Offers was priced at $139 as compared with $189 for the same e-reader without on-screen ads.In May, Amazon began selling Wi-Fi-only Kindles featuring advertising and discounted prices. The AT&T version lets users download books where ever there is mobile telephone coverage.
NewsFactor - Amazon, the online giant retailer that has threatened the existence of bookstores, may help save the newspaper industry. That is a possible benefit of a new, larger-screen version of its Kindle e-book reader, which The New York Times reported Sunday will be released soon.