Amazon Set to Debut Streaming Product Next Week
NEW YORK (TheStreet) -- Amazon
The invitation, which shows an armchair and a bowl of popcorn, clearly indicates the company's desire to make inroads into the living room. "Please join us for an update on our video business," it says.
Speculation has swirled for months around Amazon's next big product announcement and media reports have pointed to the launch of a streaming device. TechCrunch reports that the device could come in dongle form and start shipping in April via Amazon's Web site and retailers such as Best Buy
A number of tech heavyweights, however, are already playing in this space. An Amazon streaming product would be up against Apple's
Amazon shares dipped 0.99% to $340.03 during Thursday trading.
--Written by James Rogers in New York.
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