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According to Bloomberg, Amazon (NASDAQ: AMZN) will host an event in New York this week. The speculation is that it will release another version of its Kindle book reader or simply say that it is making it available again after being out of stock since November. There is good reason to get the product back in the field. Bloomberg writes, "Amazon.com will make about $1.2 billion in sales from the Kindle by next year, according to Mark Mahaney, an analyst at Citigroup Inc."

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The Amazon (AMZN) Kindle -- a toy or the company's future? originally appeared on BloggingStocks on Mon, 09 Feb 2009 09:45:00 EST. Please see our terms for use of feeds.

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