The Market Delivers Its Initial Verdict On Amazon's iPad Killer

amazon tablet

Photo: Dylan Love

Details of the Amazon Kindle Fire — its iPad killer — have just been released, and the market is digesting its flash verdict.Shares of Amazon are up about 4% on the day, not bad at all, especially given the inclination for stocks to “sell the news” on such anticipated announcements.

On the other hand, shares of Apple are also higher (just modestly) despite Amazon coming in with a super-low $199 price point.

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