Amazon is prepping a 7-inch $199 tablet for a third quarter release, reports Max Wang for Digitimes. Reportedly, this tablet will have better specs than the Fire with a higher quality screen and more than likely a more competent computing platform. The original Fire will then get cut to $150. Then, later in the year or maybe in early 2013, Amazon will release a 10.1-inch model. This comes by way of an “upstream supply chain” source. Digitimes is as sketchy as trade publications get, but logic dictates that there is some truth here. Read the full story at TechCrunch.