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E-Reader Price Cuts -
The iPad has driven down prices of e-readers that view the Apple product as competition. Recently, Barnes & Noble lowered the price of Nook to $199 and a wifi only model to $149. Almost immediately Amazon responded with a price cut on the Kindle bringing the price tag to $189. It has been estimated that almost 6.6 million e-readers will be sold in America this year.
To read a related Wall Street Journal article, please click here:
Jim Sutliff