Online retailer Amazon.com Inc plans to unveil its closely-guarded electronic book reader "Kindle" and the final of the Kindle is expected to be 399 U.S. dollars, media reported Monday.
According to CNET, a Web site that provides reviews and news about technology, the Kindle is equipped with a Wi-Fi connection that can access Amazon's e-book store, where users purchase new electronic books.
CNET said the Kindle comes with a headphone jack for audiobooks, as well as an e-mail address.
The device also includes a feature enabling users to download digital editions of The New York Times and The Wall Street Journal each morning, CNET said.
Stifel Nicolaus analyst Scott Devitt said there could be a big market for such a device if Amazon made deals with major publications. CNET reported that between 50 and 100 newspapers had already signed deals with the company.
"If you think of carrying a device with you that has all your newspapers in it ... and especially if it downloads and stores, that could be a big market," Devitt added.
"With wireless connectivity and Amazon's mp3 platform, and Amazon Unbox with the improvements in Wi-Fi speeds over time, the capacity to use this as an all-in device that connects to Amazon for all of its Amazon platform is a significant opportunity," Devitt said.
Although the idea of reading books electronically with a hand-held device has been around for some time, it has not caught on yet with the mainstream in the way listening to digital music, or even videos has. Sony Corp already sells an e-book device called the Sony Reader, which is just smaller than a paperback book.
Source: Xinhua/agencies
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