Amazon Proves Its Kindle Fire Is Here to Stay
The following video is part of our "Motley Fool Conversations" series, in which technology and media editor/analyst Andrew Tonner and consumer-goods editor and analyst Austin Smith discuss topics around the investing world.
Amazon.com made big waves in the tablet space when it released its Kindle Fire tablet last year, quickly grabbing the spot as the No. 2 company in the tablet space behind Apple's hugely successful iPad. However, Amazon did trail both Google and Apple in one key factor that consumers increasingly demand from their smart devices -- a robust app ecosystem. To catch up and maintain its strong momentum, Amazon recently announced that it will adopt the same standards for paying app developers as Apple and Google, in hopes of bringing a greater number of apps to its Kindle platform. See how this move will affect the battle in this massive growth area.
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At the time this article was published Andrew Tonner and Austin Smith have no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Amazon.com, and Google.Motley Fool newsletter services recommendApple, Amazon.com, and Google. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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