Amazon cuts price of Kindle e-book reader

By: AP
By: AP

Online retail giant has joined the price war of e—book readers, and has slashed the price of its popular Kindle reader by more than a quarter.

The Kindle is available at a new price of $189, down from the previous $259, Xinhua reported citing a statement released by Amazon.

Amazon’s move came hours after Barnes and Noble, the largest bookseller in the US, slashed the price of its 3G Nook e—book reader from $259 to $199. Barnes and Noble also introduced a Wi—Fi version of Nook which is priced at $149.

Amazon said it will continue to offer free 3G connectivity for Kindle with no monthly fees or annual contracts.

Amazon sells another e—book reader called Kindle DX, whose price has remained unchanged at $489 since it was unveiled in May 2009.

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