Amazon CEO Jeff Bezos may model his presentation skills after the late Steve Jobs, but his company's business model looks more like the Bizarro version of Apple.Take today's announcement of several new Kindle Fire tablets, as well as a discounted price on the original. Amazon is hardly making a large profit on these competitively priced products, something Bezos is quick to own up to. "We want to make money when people use our devices, not when they buy our devices," he said during an event in Santa Monica, Calif., today. The three versions of the … Read more
In case it wasn't clear enough with the original Kindle Fire, Amazon's got Apple's iPad in its sights. And today Amazon expanded its arsenal.
Amazon Chief Executive Jeff Bezos today showed off three new models of the Kindle Fire, dubbed the Kindle Fire HD, that are clearly aimed at wooing those who might buy a tablet from Apple.
The Amazon assault begins with a new $199, 7-inch model with an HD screen that doubles the built-in storage of the previous entry-level Kindle Fire to 16GB. Amazon has also doubled down on that product line with a larger, … Read more
Amazon already offers subscriptions to newspapers and magazines, and today the company announced plans to do the same for serial novels.
A new service for Kindle owners, called Kindle Serials, lets customers subscribe to a serial novel. Buyers purchase the content up front, then have it delivered to their device automatically as new installments are published. Along the way, readers can provide feedback about the series, something Amazon hopes will bring a modern approach to the genre.
The feature is launching with eight series, including a yoga murder mystery called "Downward-Facing Death." Each is priced at $1.99, … Read more
Amazon introduced its Kindle Paperwhite e-reader today, showcasing the new device's lighted screen and lengthy battery life at an event in Santa Monica, Calif.
With more contrast and brightness than found on previous Kindles, the Paperwhite has a resolution of 212 pixels per inch (62 percent higher resolution than the current Kindle) and boasts eight weeks of battery life with the light on at half brightness (based on 30 minutes of use a day with WiFi off) -- twice as much longevity as the Nook Glowlight, CEO Jeff Bezos said at the event. The Kindle Paperwhite is 9.… Read more
Shares of Amazon reached an all-time high Thursday as investors bid up the stock in anticipation of the company's announcement of additions to its Kindle tablet line (CNET's live blog of the event starts at 10 a.m.). Amazon's stock is up more than 43 percent for the year. In part, the stock is climbing on the assumption that gross profit margins are going to continue to increase. During Amazon's second quarter, gross profits margins widened to 26.1 percent from 24.1 percent, which surpassed Wall Street's expectations for the company. At least for … Read more
Nokia and Motorola have had their say, and Apple and Nintendo are still a week away. But the parade of gadget unveilings known in techdom as September continues today with Amazon set to take the wraps off a new batch of Kindle devices in Santa Monica, Calif.
That's about as good as you'll get it for a one-line summation of the approach adopted by one of the most second-guessed CEOs in the history of the tech industry -- as well as one of its most successful. But investors with short-term horizons haven't been so enamored of a CEO more keen on doing what … Read more
While you were dutifully watching coverage of the Democratic National Convention tonight, you missed what may have been a preview of devices Amazon is expected to unveil tomorrow.
Over on NBC, football fans watching the NFL season kickoff game between the Dallas Cowboys and New York Giants were treated to rare minute-long Amazon commercial (see video below) that showed off a pair of devices that may be the long-expected and much-rumored new Kindles.
The devices appear to jibe with descriptions represented in earlier reports of the Kindles widely expected to be unveiled tomorrow at a press event in Santa Monica, … Read more
On the eve of Amazon's expected unveiling of new Kindles comes word that we may get a peek at the Internet retail giant's long-rumored smartphone.
The phone, which is reportedly still in development, could make its debut at a press event tomorrow, multiple sources tell The Verge. CNET has contacted Amazon for comment and will update this report when we learn more.
These are not the first rumblings we've heard of Amazon working on a smartphone of its own. The phone will reportedly run a variant of the Kindle Fire Android operating system and challenge the iPhone … Read more