Amazon Kindle, Ipad | featured news

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.

RadioShack will begin selling Barnes & Noble Nook e-readers next month. The retailer already carries iPads and Kindles.

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.

Amazon.com Inc. Chief Executive Officer Jeff Bezos cut prices and added features to the Kindle to defend it against a threat from Apple Inc. in the fast- growing market for electronic readers. Amazon introduced two new versions of the device today, including a $139 model that works with Wi-Fi. A second version, with 3G mobile technology as well as Wi-Fi to download books, costs $189. Bloomberg News reported details in May about Amazon’s plans for the Kindle, its bestselling product.