Stock Market News

Amazon reveals its first color Kindle e-reader after years of development

2024.10.16 20:51

By Greg Bensinger

SAN FRANCISCO (Reuters) – Amazon (NASDAQ:) on Wednesday announced its first color Kindle e-reader following years of effort to bring the more immersive device to market.

The ‘Kindle Colorsoft’ carries a $280 price tag that compares with similar devices from other manufacturers available on Amazon in the range of $149 to $330. The Colorsoft relies on LEDs and other technologies to achieve the color display, according to a company statement.

Amazon had tried in prior years to develop color e-readers using eInk — the technology available in its standard Kindles that requires minimal battery power. The Colorsoft will have a roughly eight-week battery life, compared with up to three months for its latest generation Paperwhite e-reader.

The Seattle retailer also unveiled a new Paperwhite with a 7-inch screen, measured diagonally, two-tenths of an inch larger than the most recent generation’s. It also revealed an updated Kindle Scribe e-reader, which allows users to jot onto the screen with a stylus and convert that into more legible text.

Users’ in-book notations can be summarized by artificial intelligence software that can convert pages of notes into bullet points, the company said.

Amazon is still the market leader in e-readers, commanding more than three quarters of the market, by some measures. The devices are built to last for years and the company has said it sells them for close to cost, making money when people purchase books or other reading materials.

© Reuters. Amazon's Kindle e-book app is seen on an iPhone in an illustration taken April 11, 2023. REUTERS/Chris Helgren/Illustration/File Photo

The COVID-19 pandemic fueled a surge in e-reader use, as many libraries stayed closed to enforce shelter-in-place policies but still offered wireless downloads of e-books.

Kindles are often put on sale during discount events, such as Prime Day. The Colorsoft will ship to customers on Oct. 30 and the new Scribe will ship on Dec. 4.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 67,614.12 0.68%
ethereum
Ethereum (ETH) $ 2,640.74 0.77%
tether
Tether (USDT) $ 0.999777 0.05%
bnb
BNB (BNB) $ 604.38 1.63%
solana
Solana (SOL) $ 154.65 0.14%
usd-coin
USDC (USDC) $ 0.999825 0.05%
xrp
XRP (XRP) $ 0.549076 1.07%
staked-ether
Lido Staked Ether (STETH) $ 2,641.08 0.83%
dogecoin
Dogecoin (DOGE) $ 0.12539 7.60%
tron
TRON (TRX) $ 0.160028 0.50%
the-open-network
Toncoin (TON) $ 5.22 0.02%
cardano
Cardano (ADA) $ 0.352662 0.94%
avalanche-2
Avalanche (AVAX) $ 28.08 1.04%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,115.59 0.64%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 1.35%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,497.08 0.69%
weth
WETH (WETH) $ 2,638.57 0.69%
bitcoin-cash
Bitcoin Cash (BCH) $ 365.80 0.99%
chainlink
Chainlink (LINK) $ 11.33 0.16%
polkadot
Polkadot (DOT) $ 4.33 1.12%
near
NEAR Protocol (NEAR) $ 4.99 0.46%
sui
Sui (SUI) $ 2.15 7.64%
dai
Dai (DAI) $ 0.999865 0.04%
uniswap
Uniswap (UNI) $ 7.63 4.29%
leo-token
LEO Token (LEO) $ 6.06 0.07%
litecoin
Litecoin (LTC) $ 70.84 1.42%
aptos
Aptos (APT) $ 10.04 2.27%
pepe
Pepe (PEPE) $ 0.000011 0.89%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,769.03 0.60%
bittensor
Bittensor (TAO) $ 583.80 7.40%
internet-computer
Internet Computer (ICP) $ 7.94 1.16%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.43 3.02%
kaspa
Kaspa (KAS) $ 0.130682 2.28%
monero
Monero (XMR) $ 158.14 2.14%
ethereum-classic
Ethereum Classic (ETC) $ 19.53 0.10%
stellar
Stellar (XLM) $ 0.095837 2.63%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.14%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.372423 0.54%
blockstack
Stacks (STX) $ 1.84 0.31%
dogwifcoin
dogwifhat (WIF) $ 2.63 0.65%
immutable-x
Immutable (IMX) $ 1.54 1.87%
okb
OKB (OKB) $ 41.16 0.50%
ethena-usde
Ethena USDe (USDE) $ 0.999217 0.01%
whitebit
WhiteBIT Coin (WBT) $ 16.31 0.80%
aave
Aave (AAVE) $ 156.58 0.31%
filecoin
Filecoin (FIL) $ 3.73 1.68%
optimism
Optimism (OP) $ 1.74 0.15%
crypto-com-chain
Cronos (CRO) $ 0.0789 0.47%
fantom
Fantom (FTM) $ 0.756406 0.60%
mantle
Mantle (MNT) $ 0.628478 0.45%