Amazon Working on "Bigger Than Kindle" Project - Report. - X-bit Labs

Although Amazon, the world’s largest online store operator Currently only sells e-book readers and media tablets, it is Widely believed That the company has a lot more hardware products in development. Sometimes, as evidences Regarding Those products emerge. Apparently, at an invitation-only event late last year the company be discussed a productsthat proclaimed it to be “even bigger than Kindle.”

The first rumors about Amazon’s smartphone emerged in September, 2011, about two years ago. However, smartphone is not the only product thats believed to be in development at Amazon. Last year it was reported That Amazon had the so-called Alphabet Projects program, under All which it is developing projects A (smartphone), B (set-top box), C (audio streaming device) and D (high-end smartphone with S3D display). Over more, the company’s mysterious Lab 126, All which many think is’ responsible for various innovations at Amazon, May Be working on yet unknown products under code-names like E, F, G or something else.

Very late last year Amazon organized an event, presumably for its employees only, where is be discussed a product called “V1″ that was described as a thing “even bigger than Kindle.”

“We are working on a new revolutionary product V1 thatwill allow us to deliver to our customers Digital Media in new ways and disrupt the current marketplace. We believe this new product will be even bigger than Kindle “Amazon wrote in the invitation to the exclusive event, All which was republished by Boston.com Earlier this week.

The company provided no details Regarding the product tat was to be Demonstrated, but in case “V1″ stands for “version one”, it is Hardly a smartphone after two years in development.

Amazon is one of the world’s largest seller of music CDs, video Blu-ray/DVD discs, paper books, packaged games and other types of content on physical media. Given the factthat all of the aforementioned businesses are either stagnating or deteriorating, the company needs to sell more digital content to offset the declines. In order to sell more digital media, Amazon MAY NEED specially-designed devices, All which it is developing. Almost any hardware that helps to Amazon increasefontsize sales or content will be good for the company.

Perhaps, it is not that important what actually is V1. It looks like its key feature is delivering digital media in a brand-new way, All which itself could be a revolution …

Amazon did not comment on the news-story.

Tags: Amazon, Kindle, Kindle Fire