Rumblings that Amazon is working on a revised Kindle eBook reader have been coursing through the web since July, and it's believed the new version will come in a variety of colors to appeal to a larger audience. We'll have to wait and see, but at least one analyst sees an opportunity to cash in with college students and believes a collegiate version could make a debut in the not too distant future.

"There are already several new, improved versions of the Kindle in the works," said Tim Bueneman, an analyst with McAdams Wright Ragen.

Bueneman also predicts that one of the new features might include improved interface operating controls, which he notes has been issue with some buyers. But if Amazon is to target the collegiate crowd, the biggest issue might come down to price - $360 buys a lot of Ramen noodles.

Image Credit: Flickr John Pastor