Amazon, Amazon Kindle | featured news

The Kindle Fire turned out to be a popular device largely because of its comparatively low price tag. it was the first sub-$200 tablet (by a buck) that didn't feel like a $25 device you'd expect to find in a Fisher Price catalog, and as a result, Amazon closed out the fourth quarter of 2011 with a 14 percent share of the global tablet market,...

With the rumblings from Amazon about the early success of its new Kindle Fire over the holiday season, the company’s disappointing fourth quarter results came as a surprise. More surprising was Amazon’s silence regarding total Kindle Fire sales for the quarter. During the earnings call, Amazon’s executive team deferred questions about the device to the press release, which simply regurgitated sales data from December.

Amazon announced Thursday that it has launched a Kindle lending library for owners of its e-reader who are also subscribers to its Amazon Prime service. Prime members can borrow one book a month, with no due dates. Users are allowed to have one book out at a time, the company said in a press release. All notes, bookmarks and highlights made on the borrowed book will still be there if the customer later purchases or re-borrows the book.

Amazon's Kindle Fire is a Catch-22 for retailers: The $199 tablet computer could both help Christmas traffic and hurt future sales.

After months of speculation, it's here: Amazon's tablet, the $199 Kindle Fire, was unveiled Wednesday. Smaller and cheaper than Apple's dominant iPad, the Kindle Fire has a 7-inch display and runs on a heavily customized version of Google's (GOOG, Fortune 500) Android operating system. The tablet offers Wi-Fi connectivity, but no 3G or other cellular connection. It also lacks a camera and microphone, two features found in most rival tablets.

Amazon’s souped-up color version of its Kindle e-reader hopes to undercut the iPad in price and steal away a couple of million in unit sales by Christmas.

Both Barnes & Noble and Kobo have introduced nearly identical e-readers that are clearly intended to embarrass the industry leader, the Amazon Kindle.

Amazon.com said it will allow readers to borrow Kindle books free at more than 11,000 U.S. libraries, a new twist in the growing battle for market share among electronic tablet makers.

Amazon will lower the price of its electronic reader by showing ads as screensavers and at the bottom of the home screen, and by selling special offers.

Amazon.com Inc said sales of its Kindle e-reader were strong over the holiday season amid competition from devices such as Apple Inc's iPad, a computer tablet that also has e-reader capabilities.