Amazon.com Inc took the wraps off its long-awaited "Kindle Fire" on Wednesday, tacking on a mass market-friendly $199 price tag that poses a serious threat to the dominance of Apple Inc's two-year-old iPad. The eagerly anticipated gadget, while lacking many of the high-tech bells and whistles common on tablets from cameras to 3G wireless connection, may sound the death knell for a raft of devices based on Google Inc's Android. The software powers tablets made by Samsung, Motorola, Asustek, HTC and LG Electronics.
Dotcom-entrepreneur and billionaire-CEO Jeff Bezos unveiled to a packed audience the gadget he hopes will wed Amazon's books, movies, music and other content with cloud or Internet-based storage and Web browsing.
DEEPAK KUMAR
PGDM 3rd SEM
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