Can Amazon’s New $159 Kindle Fire Compete With The iPad Mini?

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With the Galaxy Nexus 7 eating their lunch and the iPad mini expected to debut in October and put the squeeze on the first-generation model, Amazon has just announced the new Kindle Fire.

Featuring an all-new, more iPad-ish form factor, the new 7-inch Kindle Fire boasts a faster processor, 2GB of RAM, up to 40% faster performance and longer battery life. Otherwise, though, Amazon is being mum about the specs.

Boy, is this tablet cheap though. It costs $159 with preorders starting today, and orders shipping on September 14th.

Image: The Verge