First, NO. Amazon is arguably the MOST innovative company of our time.

Second, Kindle is a product, and RIM is a company. You're comparing two different things not comparable.

Third, I think Amazon's rationale in not innovating the hardware that much is that it's not really worth it to move too fast. They own the mindshare for online bookstore so they don't really need to iterate very fast. All they need to do is make apps for different devices, and look at the trend. Probably they will come up with an entirely different type of reading device based on what they learned by building apps on different platforms. The bottom line is, they don't look like they're innovating on the hardware side because they are not, and I think that's a wise thing, when everyone's still trying to figure out where this is going.