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Amazon (AMZN) has responded to Barnes & Noble's (BKS) Nook price cuts (coming ahead of a...

Amazon (AMZN) has responded to Barnes & Noble's (BKS) Nook price cuts (coming ahead of a tablet market exit), and perhaps also the pending launch of a next-gen Nexus 7, by slashing the U.S. price of the 7" Kindle Fire HD to $169 from $199. Meanwhile, both Amazon and B&N have cut tablet prices in Europe. In the U.K, the 7" Nook HD (8GB) now goes for £99, and the 7" Kindle Fire HD (16GB) for £139. In addition to Google, Amazon and B&N have been seeing tough competition from Samsung and a slew of Chinese/Taiwanese OEMs selling sub-$200 Android tablets.
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Comments (1)
  • Morrison International Acco...
    , contributor
    Comments (470) | Send Message
     
    Capitalism's best measure of success is the lowering of costs of everything in the long term and a rise in the per-capita income.

     

    This is a good example of the former. I think it is a multiplier of more people accessing technology as it falls like this and so many more uses just became more efficient for the use of a E-Book reader.
    5 Jul 2013, 06:11 PM Reply Like
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