Summary Box: Amazon hopes new Kindles stoke sales

Summary Box: Amazon hopes new Kindles stoke sales

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By The Associated Press

KINDLE GETS UPDATED: Amazon will start selling a smaller, lighter version of its Kindle electronic reader that can download books wirelessly over 3G cellular networks and over Wi-Fi for $189. A Wi-Fi-only version will cost $139.

PRICE COMPARISONS: The $139 Kindle will be $10 cheaper than Barnes&Noble Inc.'s Wi-Fi-only Nook e-reader and $11 less than Sony Corp.'s Reader Pocket Edition. It is $360 less than Apple Inc.'s most inexpensive iPad.

BEZOS' HOPE: Amazon CEO Jeff Bezos hopes the new price will get people to buy multiple Kindles for their family.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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