Amazon.com (NASDAQ:AMZN) To Offer Cheaper Kindle

Amazon.com (NASDAQ:AMZN) has decided to sell a cheaper version of its most
popular product, the Kindle e-reader, supported by on-screen ads. Amazon.com
(NASDAQ:AMZN) To Offer Cheaper Kindle Amazon.com (NASDAQ:AMZN), the U.S. online
retailer, has announced that it has plans to sell a cheaper version of its
Kindle electronic reader, but users will have to view on-screen ads. Amazon.com
(NASDAQ:AMZN) said in a press release that the new electronic reader, named
'Kindle with Special Offers', will cost 114 U.S. dollars, 25 dollars less
than the cheapest ad-free Kindle model. The new device will ship on May 3 and is
now available for pre-order to U.S. customers. Amazon.com (NASDAQ:AMZN) shares
were at 184.04 at the end of the last days trading. Theres been a -0.4% movement
in the stock price over the past 3 months. Amazon.com (NASDAQ:AMZN) Analyst
Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.94 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.86 Zacks Rank: 5 out of 18 in the industry