Amazon Cuts Price of Kindle Again

From Yahoo News:

Amazon.com Inc. has again cut the price of its Kindle e-reader, bringing it below $200 after Barnes & Noble dropped the price of its competing Nook device.

Amazon said Monday the Kindle now costs $189, down $70 from its previous price of $259. It can wirelessly download books and has a gray-and-black e-ink screen.

Amazon has lowered the Kindle’s price several times since it debuted in 2007 at $399.

I have to wonder how e-readers like the Kindle and Nook will stand up to the iPad, since the iPad has hundreds of applications and also can serve as an e-reader. Granted the iPad is more expensive, starting at $499, but I’d be willing to pay the extra $300 for the added functionality.

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