Kindle Wireless Reading Device - Profit from 3G Technology

The iPhone is capable of doing almost everything – it is a phone, it is a GPS, it’s an MP3 player, it’s an internet browser and it’s a video player. The iphone is able to do all these without a cable or plug-in modems.

But what is 3G? It means 3rd Generation. It's a mobile technology capable of accessing the internet at speeds better than broadband speed. Today, 3G is being taken as the gold standard for the wireless age.

Look at China with a population of 1.5 billion people. Look at India with a population of 1 billion people. Look at the neighboring Asian countries of Thailand, Malaysia, etc, and you will realize that more than 50% of the world’s population is in Asia. But one thing is happening in Asia right now that you can profit from. These countries are currently approving 3G licenses for mobile network operators thus opening the doors for 3G technology to begin spreading throughout these emerging markets with billions of 3G users.

A shrewd investor would perhaps look at the possibility of buying stocks of the companies involved in this. An ordinary person would aim to benefit by being able to connect to the rest of the world via voice, video, internet, GPS and e-mail.

One just need look at British Vodafone’s investment in Kenya’s Safaricom Mobile Company. Today, Safaricom, which is a mobile network operator in a developing country, Kenya, is the pioneer of the world's fastest-growing mobile-banking services. Safaricom with 3G coverage throughout Kenya would boast as being among the first mobile networks in the world to provide internet through 3G. Repeat, Safaricom is the pioneer of the world's fastest-growing mobile-banking services. If you can read in between the lines you will notice unlimited possibilities of profiting from 3G technology in developing countries.

Whilst the iPhone seem to be a big beneficially of 3G, it’s the online store known as Amazon who seems to be the greatest indirect beneficially of 3G technology. Amazon has figured it out that people like reading books and magazines. And since they have millions of books in their stores, the only way to reduce cost of papers, delivery cost and handling cost is to have all those titles in electronic form. And by the use of 3G technology, people can be able to get their favorite titles at a fraction of the cost.

It is from these considerations that Amazon has come up with their Kindle wireless reading device. Kindle wireless reading device is lighter than a typical paperback and is as thin as most magazines. This kindle thing utilizes the 3G technology to bring thousands of books and magazines in your hands. The thickness of kindle is less than a third of an inch. Kindle is wireless and ready to use right out of the box – there are no setup, no cables, no software to install and no computer required.

Amazon has two types of Kindle wireless reading device, namely

1. Kindle - Global Wireless

2. Kindle DX - U.S. Wireless

I liked the Kindle Global Wireless but what you like will depend on you.

You may think Amazons are trying to make money selling the Kindle Wireless Reading Device. No. They make money by selling more electronic books at lower prices. They are happy when they see people cutting no more trees from our forests thus saving the planet earth. They are happy when they see more people get knowledge at lower prices of books. People with more knowledge are likely to control population and practice good family planning thus saving the planet earth a lot of trouble. Amazon are imagining that you and me with a few resources will buy the Kindle Wireless Reading Device for our own use, or give it as a gift to our loved ones, and perhaps give it to those who are not gifted in accessing sources of knowledge.

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