Apple and Amazon to make big announcements on new products – Mario Armstrong on what to expect

Apple and Amazon both expected to make big announcements within the coming weeks.

On Wednesday morning, Amazon is expected to announce its building its own Android-based tablet, which has been an open secret for months. Many say it will give the Apple iPad a run for its money. But Amazon has a strong fan base with its Kindle, and it could become a top competitor in the industry. Tech experts anticipate it's likely to be available for purchase soon.

In addition, Apple confirmed on Tuesday that it will hold a press event on Oct. 4 at its Cupertino, Calif., headquarters. Expected to be the star attraction: The long-awaited iPhone 5. With rumors of a bigger camera, longer battery life, faster processor, maybe even a larger screen, all questions will be answered next week.

Mario Armstrong, host of Siriux XM's "Mario Armstrong's Digital Spin, talks to American Morning about the upcoming announcements and what to expect from these new gadgets.