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Wednesday, July 16, 2008 8:52 AM PT Posted by Ian Paul

Amazon Preps Kindle 2.0 for October Launch, say Reports

kindle-amazon.jpg

We might be seeing two new versions of Amazon.com's e-reader, the Kindle, just in time for the holiday season. The new devices are reportedly aimed at younger readers, which may mean a lower price point, the current Kindle sell for $359.00. A source has told TechCrunch that Amazon will update its current version of the Kindle with a smaller unit that has the same size screen and improved interface. The source suggested that this newer version is a significant jump in design, and is akin to three or four different generations of Apple's iPod in just one update.

The second model reportedly coming out this year is shaped like an 8.5"x11" piece of paper, but no word on what other improvements are in store or what the actual screen size would be. Amazon has been winning over critics with Kindle, even though, historically, e-readers have not done well with the public. Amazon's Kindle may buck that trend with some very bullish about its prospects. But don't expect the Kindle to replace the good old fashioned book any time soon.

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