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Updated: Will Amazon’s budget 7in Kindle Fire HD scorch Google’s Nexus HD plans?

CNETAnalysis: Update: As well as a $99 Kindle Fire HD 7-inch would sell, it looks like that price point may not be in the cards for Amazon any time soon. Business Insider retained a statement from an Amazon spokesperson who said, “It’s not happening – we are already at the lowest price points possible for that hardware.” The operative word here may be “that” as the spokesperson could have been leaving room for a $99 regular Kindle Fire or other unknown piece of hardware. We’ll just have to wait to see if Amazon gets a little more talky down the road. Original article… Amazon may be planning to release a cheaper Kindle Fire HD 7-inch before the year is out. The word comes from TechCrunch , whose mysterious sources say that the 7-inch Kindle Fire HD will come with a price tag of $99 (around £60, AU$95). They add that the tablet will come with a TI processor similar to the rest of the Fire family, as well as the 1280×800 resolution already on the 7-inch Kindle Fire HD. Money talks The current 7-inch Kindle Fire HD sells for £159 in the UK and $199 in the US, so it’ll be a fairly significant price drop if these rumours turn out to be true. It may seem a little too significant a drop to possibly be real, but Amazon has a habit of selling its tech hardware at a loss and scooping up the difference by selling ebooks, films, music and apps through its mutated Android software once you’ve got it home. It’ll face some hefty competition though; many will be inclined to shell out a little more for the iPad mini, while others will go for the cleaner Android running on Google’s Nexus 7 , itself rumoured to be getting a reasonably-priced HD edition later this year too. Related Stories Updated: New Kindle Fire release date, news and rumours Sony now welcoming Xperia Tablet Z pre-orders ahead of mid-April release Samsung’s Galaxy Tab 3 Plus to rock an 11.6-i! nch Super AMOLED screen? Colour e-ink Kindles on their way? Blip: Watch Sony coldly and meticulously tear the Xperia Tablet Z down Posted by: Maryum

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