Amazon To Make Big Kindle Announcement this Wednesday

Jeff Bezos will take the stage this coming Wednesday at 10:00 am in NYC and will unveil the latest Kindle offering. From following the bloggers, it looks like we will see a 7 inch back-lit touch screen color Kindle that will be running a customized version of the Android operating system. The color Kindle will be positioned as a ebook reader very much like the Nook Color has for the past couple of years. However, the color Kindle will offer you rich media through the Amazon Store where you can download and play songs, movies and of course download your books. The color Kindle will support WiFi at this time and will come with a Browser giving you access to the web and the full range of Amazon Store services. What is really exciting is the price point that everyone n the web has been has been speculating about. Some have shared that they believe the new Kindle Color Reader will be priced below $250 dollars which will certainly get everyone excited about the potential for this tablet/ereading device. Having access to a color eReader like the Kindle Color with good performance and access to the web could certainly shake up the tablet market. So I know I will stay tuned to the announcement this Wednesday to find out all of the details. We certainly live in exciting times! So check back here next week for the Kindle Color update.