Kindle Fire HD, Kindle Paperwhite: Amazon Reveals New Devices

Amazon CEO Jeff Bezos revealed a new version of the Amazon Kindle and Kindle Fire today.

The Kindle Fire HD increases the processor power and capacity of the existing Kindle, along with a higher definition screen. Kindle Fire HD will be available in 7-inch and 8.9-inch models. (Buy Kindle Fire HD now.)

Bezos also revealed Kindle Fire HD 4G LTE, which brings the Fire to the fastest data network for a low fee of $49.99/year.

The upgrades to Kindle Fire, including stereo audio, position the e-reader against the top-selling Apple iPad, the top selling tablet computer in America. (Buy iPad now)

Bezos also announced Kindle Paperwhite, which upgrades the bestselling Kindle to more closely mimic the experience of reading black text on white paper. (Buy Kindle Paperwhite now.)