Amazon Kindle Outselling Previous E-Reader Versions: Company

Amazon says its newest Kindle e-reader is outselling the older versions, as rumors circulate of an Android-powered, color Barnes & Noble Nook e-reader.
Amazon.com may be reluctant to share exactly how many Kindles the company’s sold since it debuted the e-reader, but that hasn’t stopped it from discussing—yet again—the device’s supposedly best-selling status.
“It’s still October and we’ve already sold more Kindle devices since launch than we did during the entire fourth quarter of last year—astonishing because the fourth quarter is the busiest time of year on Amazon,” Steve Kessel, senior vice president of Amazon Kindle, wrote in an Oct. 25 statement posted on the retailer’s Website. “For the top 10 bestselling books on Amazon.com, customers are choosing Kindle books over hardcover and paperback books combined at a rate of greater than 2 to 1.”
LG Electronics: To Launch Android-Powered Tablet PC In 4Q
LG Electronics Inc. (066570.SE), South Korea’s second-largest electronics maker by revenue after Samsung Electronics Co. (005930.SE), said Monday that it plans to launch an Android-powered tablet computer in the fourth quarter of this year.
The device will run on Google Inc.’s (GOOG) Android operating system, but the company didn’t provide further details such as the price and in which markets the device will be available.
Its hometown rival Samsung is also planning to launch a similar device, the ‘Galaxy Tab.’, no later than in the third quarter of this year.
LG, the world’s third largest maker of cellphones by shipments after Nokia and Samsung Electronics, said it will also launch smart phones running on Microsoft Corp.’s (MSFT) Windows Phone 7 operating system some time this year. Windows Phone 7 is the version of Microsoft’s mobile platform.