Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Amazon All About the Ladies

Stock quotes in this article: AMZN 

NEW YORK (TheStreet) -- I spent Thursday covering the Amazon (AMZN) event for the Kindle Fire, and it's all about the ladies.

Not that there's anything wrong with that. Computing has skewed heavily male ever since I got into it. The female skew here isn't aimed at demeaning women. It's just aimed at them.

For starters, CEO Jeff Bezos spent 35 minutes onstage before ever getting to his Fire tablets. Instead, he focused on a new version of the Kindle e-reader, called the PaperWhite.

Why does this matter? Women read. My own wife never watches TV. Instead she parks herself in the back of the house each night after dinner and reads until she falls asleep. Looking at the Kindle best-seller list, you'll see a host of products that mainly appeal to women, and only a few aimed at men.

Priced at $119 ($89 if you accept Amazon ads on it) the PaperWhite is bright enough to read with the lights out, and will run for eight weeks between charges with that light turned on. (This last drew gasps from the live audience.)

Bezos then showed a chart, without numbers, indicating sales of Kindle books are now double those of physical books. He also spent considerable time on the company's self-publishing services. Bezos aims to own both reading and publishing -- he wants the next "50 Shades of Gray" to just show up on the store, and maybe it will.

To push that even further, there's a new "Kindle Serials" feature. Buy all installments of an ongoing project for one low price. I well remember reading, 10 years ago, of how even big-name authors were dreaming of ditching their publishers and going to a model like this. Here it is.

Reporters, most of them men, almost slept through the e-reader presentation, and the stock even fell during it. They woke up only after Bezos moved on to his new tablets (and there are two -- a 7-inch and a 9-inch).

But even here Bezos emphasized the Kindle's positioning as a service, not a product. The Fire is a channel to everything Amazon sells, physical and digital, and the features are geared toward that.

For instance. The new Fire supports MIMO, a faster WiFi feature found in 802.11N routers. Great for downloading movies before heading out on that trans-Pacific flight. There's more memory, to store more stuff, and Dolby sound, so those movies sound better.

There is social networking support, and with the front-facing camera you can Skype mom, or your friends, all night and day. Plus X-Ray, a feature that connects back to the Amazon site so you can find out more about the actors you're watching.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,303.10 8.60 0.06%
NASDAQ 3,459.14 -0.28 -0.01%
S&P 500 1,649.60 -0.91 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs