Amazon bets the Kindle will grow

When Apple released the iPad in April, obituaries for Amazon's Kindle e-reader proliferated. However, instead of planning a funeral, Amazon decided to bet on growth for its Kindle and placed it at the center of Amazon’s digital media strategy. The company announced on July 19 that Kindle sales had accelerated every month since the iPad's debut, and Amazon plans to introduce two new versions of the device July 29. Full Article.