Amazon revamps Kindle with cheaper 7” version, $299 9” HD Model

As widely anticipated, Amazon has refreshed its popular Kindle Fire tablet, revealing a revamped 7 inch model and a new, more powerful 8.9 inch HD model.

Unveiled today at Amazon’s Los Angeles press event, the updated Kindle Fire keeps the original’s 7 inch display and boasts a new, faster processor which will boost performance by 40 percent according to Amazon, twice the RAM of the original model and a longer battery life. The new Kindle Fire will retail for $159 when it ships on September 14, strategically undercutting the price of Google’s fast-selling Nexus 7 Android tablet, which costs $199 for the 8 GB model.

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