Amazon Kindle Fire tablet to sell for $199

Amazon.com Inc’s (AMZN-Q222.44-7.27-3.16%) unveiled its long-awaited tablet computer Wednesday with a $199 price tag, potentially cheap enough to give Apple Inc’s iPad some serious competition for the first time.

At a news conference Wednesday morning in New York, Amazon launched the Kindle Fire, a tablet with a seven-inch screen, free data storage in the cloud and a new Internet browser called Amazon Silk.   Read More

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