Jeff Bezos unveiled the Kindle Fire this morning. It is a 7-inch Android tablet, and it only costs $199. It is optimized for media consumption (video, music, books, etc.), but it does not have much capability by way of media creation (no camera, no microphone, etc.). It only has 8 GB of memory because the creators are assuming that most content will be accessed from the Amazon cloud.
This device is not designed to compete with the iPad. But it will give the Nook a run for its money. For the full story and more pictures, click here.