Amazon Cuts Kindle Fire HD Price by $40, Successor Coming?

Amazon Cuts Kindle Fire HD Price by $40, New Tablet Coming?(Ping! Zine Web Tech Magazine) – Amazon’s Kindle Fire HD tablet is now available for $159.00 following a company-initiated price drop on the popular device.

The Fire HD initially cost $199 and made its debut back in October for the U.S. market.

A report from Uber Gizmo, meanwhile, noted that the price drop could point to a new Kindle Fire launch in the near future as Amazon has been debuting new products for the past two years during the month of September.

The 7-inch tablet market has been heating up lately. Competitors of the Kindle Fire include the Apple iPad mini and Google Nexus 7.