Amazon's First Tablet Will Attack The Nook, Not The iPad (AMZN, AAPL)

Anyone expecting Amazon to release a tablet computer that will compete with the iPad might want to dial back expectations.

A source close to the company tells us that Amazon is launching at least one tablet later this year, but it will be an advanced e-reader with a color screen and some apps -- more akin to the Nook Color from Barnes & Noble than the iPad.

This matches what a developer told CNET earlier this month: Amazon is set to announce a 7-inch tablet "any day now," but it will likely have a low-powered chip and no camera.

It's focused on the Nook Color because that's where the Kindle is most vulnerable.

Now, this doesn't mean Amazon won't develop a full fledged tablet down the road. But for now, it's going to focus on controlling the e-reader space it has defined for the last three years.

See also: Here's Everything We Know About Amazon's Secret Tablet So Far.

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See Also:

• Amazon Is Getting Ready To Ship 4 Million Tablets By The End Of The Year [REPORT]
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• This Is Amazon's New Way Around Apple's App Store Subscription Rules

Amazon's First Tablet Will Attack The Nook, Not The iPad (AMZN, AAPL)

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Why The Amazon Tablet Will Be Killer (AMZN, AAPL)

The Amazon tablet is coming in the Fall, and all evidence points to its being a killer device. 

Tech gadget review site Retrevo polled their users and found out that what they want in a tablet is what Amazon can give them: namely, lower prices and a trusted brand. 

Their survey says what prospective tablet customers want most is lower prices:

What's more, customers trust the Amazon brand to make a great tablet more than most customer electronics brand (also: look at how badly RIM is doing):

And while most people prefer an iPad, there's also a lot of people who are open to buying some other tablet:

Amazon is best positioned to make a really good tablet at cheap prices for the following reasons:

• Scale. Amazon is huge and can team up with an OEM to drive down prices for an Amazon tablet.

Distribution. Amazon owns the world's biggest shopping mall. Retailers' cut are a huge part of the price of tablets, and Apple and Amazon are the only ones who have their own huge retail operation. What's more, Amazon already has deals in place with retailers to sell its Kindle e-reader, so it stands to reason it could also sell tablets through them.

Media. Amazon has its app store, its Kindle e-book platform, its MP3 shop and an increasingly good video store.

Product experience/design. The Kindle is a great device, and Jeff Bezos is a product visionary. No one expects an Amazon tablet to be better than an iPad, but there's no reason why they can't make a tablet that's very good at a very good value. 

Don't Miss: Here's Everything We Know About The Amazon Tablet So Far →

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See Also:

• THE APPLE INVESTOR: Apple Now Has Over $75B In Cash, But Don't Expect A Dividend
• Now Apple Is Talking About Buying Hulu
• THE APPLE INVESTOR: Apple Boosting Staff At Retail Stores For Back-To-School, iPhone 5 And Holiday Season

Why The Amazon Tablet Will Be Killer (AMZN, AAPL)

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Amazon's Cloud Business Is Growing Like Crazy (AMZN)

Amazon's cloud business is growing like crazy, and could hit $1 billion in revenue next year according to analysts, Reuters reports. 

Right now Amazon Web Services, its cloud computing unit, is small enough that Amazon doesn't report its revenue, but according to estimates, it generated $500 million in revenue last year and will do $750 million this year--a 50% growth rate, which is impressive for such a large unit.

If Amazon really hits these milestones it will be a big event not just for the company, but for the cloud computing industry in general.

This Is What Amazon Will Be Like In 2030 →

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• Three Cheers For The Borders Liquidation!
• THE APPLE INVESTOR: Here's What Wall Street Is Thinking Ahead Of Earnings Tomorrow
• Why Did Jeff Bezos Wait So Long To Get Into Textbook Rentals?

Amazon's Cloud Business Is Growing Like Crazy (AMZN)

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Here's Everything We Know About Amazon's Secret Tablet So Far (AMZN)

Jeff Bezos and company are doing a good job keeping the details on Amazon's new tablet, expected later this year, under the tightest of wraps.

Very, very little is out there about it right now, but we've gathered what we can for you here.

Bezos even plays games with the press when they ask him about it.

"Stay tuned," he says.

It's all but confirmed that it will run on the Android operating system.

There will be two tablets available -- a smaller one called Coyote and a larger one called Hollywood.

The smaller one will likely replace the Kindle and the larger one will compete with the iPad 2.

See the rest of the story at Business Insider

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See Also:

• The 3G Kindle Just Got Another $25 Price Cut
• If You're Looking For A Tablet That's Thicker Than The iPad And Runs Honeycomb -- Check This Out
• AOL's New iPhone Music Player App Is Actually Pretty Good

Here's Everything We Know About Amazon's Secret Tablet So Far (AMZN)

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