Google is looking to push a new wave of budget tablets

The news comes from Google CEO, Larry Page in his quarterly earnings call where he reported revenues for the search giant were up 24 percent year on year, coming in at £6.6 billion ($10.6 billion).

In the call Page revealed "we're very excited about tablets" and suggested that Google is looking at budget tablets, running a stripped down version of Android – something Page thinks will be successful in the near future.

So expect a Kindle Fire rival from the search giants pretty soon.

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