Earlier today, TechCrunch reported a rumor that Amazon is working on a $99 Kindle Fire HD which would have a 7-inch screen. TechCrunch’s source was an not cited. “It’s not happening–we are already at the lowest price points possible for that hardware,” said Amazon in a statement.
TechCrunch reported that the $99 7-inch Kindle Fire HD would be shipping later this year. It was also rumored to be powered with a Texas Instruments processor and 1280 x 800 resolution display.