Amazon to Launch Kindle Fire Tablet

Some industry experts say that it has changed the perception of books by many people and has actually resulted in an increase of interest in literature in many people.This has been attributed to many factors, especially the low prices of books for the Amazon Kindle, as well as the fact that the electronic versions of books are extremely easy to get and do not take up any physical space inside ones bag or home.Therefore, people are more likely to use the device to read for fun, rather than simply for business or school purposes.But there are certain things that the Amazon Kindle lacks.The first complaint of many users is that although it is shaped like a tablet PC and functions on pretty much the same principle, it lacks some of the features found in even the cheapest, no name Chinese tablets sold on eBay, which is a color screen.Now that Amazons main competitor, Barnes & Noble, has released the Nook Color, Amazon needed a competing product to avoid falling behind.While Amazon does maintain a very large collection of eBooks in its web based store, like erotic eBooks, comedy books, joke books, etc.there are signs that the company is now expanding its offerings to more than just books, but that it will also be providing video content as well.This is a good fit with the launch of the Kindle Fire, as it will be the first version of the Kindle that is actually capable of playing back such content.Videos and games can thus be played very well on it.Priced at $199, the Amazon Kindle Fire is being touted as an inexpensive tablet PC.It is sure to attract some interest from buyers, given the fact that rivals, such as the Apple iPad are a lot more expensive.In fact, the iPad costs three times that amount.With the Amazon Kindle Fire, we could see Amazon taking a whole new direction and expanding its offerings into multimedia content, something that the company did not pay too much attention to previously, given the black and white screen of the previous Kindle versions.According to a report by ZD Net Asia, Amazon is now negotiating contract deals with several movie studios, like 20th Century Fox, to deliver live streaming movies on the Kindle.Also, while previous Kindle versions may have been fine for reading Romance Books , they werent any good when it came to magazines.With the multimedia edition of the Kindle now set to be released on November 15th, Amazon is also looking at making many different magazines available to readers in its web store.Whether this move will be a success is yet to be knownBusiness Management Articles, however the outlook is quite positive according to some industry analysts and technology news commentators.