Amazon.com Inc is launching an improved Kindle electronic reader and cutting the price, in a move to address the threat from Apple Inc's iPad tablet computer. Amazon's new Kindle DX will sell for $379, down from $489, and have free 3G wireless connection with no monthly bills or annual contracts, the company said. Apple's iPad, launched in April, can also function as an e-reader. It sold more than 2 million units in its first 60 days and its own e-bookstore has quickly won market share, putting pressure on rival readers like Kindle and Barnes & Noble's Nook.
Published Date: Jul 01, 2010 11:49 am | Updated Date: Jul 01, 2010 11:49 am