Just two weeks ago Amazon took the popular Kindle e-reader international, with a $279 USD price tag, making the device available in over 100 countries. The price of the US-only version was dropped to $259 USD from $300.
Today, following the recent release of the Barnes & Noble Nook, Amazon has dropped the price of the international version and merged sales with the US version, selling both hand-in-hand for $259.
Amazon is refunding the $20 to everyone who purchased the International Kindle since its release.
The dual-screen Nook will sell for $259 as well.
Result for: usd price
The latest in a long line of “Kindle killers” is here at last, the Barnes & Noble Nook e-reader.
An upcoming ad for the device placed in the NYTimes shows a $259 USD price, very competitive with the Kindle and the Sony Reader, the current market leaders. Amazon recently dropped the price of their US-only Kindle to $259 while releasing an international version. Research firms have pegged Kindle market share at 60 percent.
NYTimes says the “Nook will permit readers to lend their digital books to friends and download books wirelessly.” but there were little other details as of writing.
Gizmodo got their hands on some pics of the device, which is expected to be officially unveiled later today.
Result for: usd price
Last week we reported that the Nintendo Wii, among other consoles, took a serious hit to its sales, seeing a 57 percent drop year-on-year for the month of May.
The drop marked the third consecutive month the Wii saw substantial declines in sales. Supply issues are no longer a problem either, as there are ample amounts on store shelves.
Analysts are now coming out in droves declaring the console has reached a saturation point at its current price and price cut is necessary to stop the continued decline in sales. A $50 price cut, bringing the Wii to the same price as that of the low-end Xbox 360 Arcade seems to be a good point.
Nintendo continues to deny any price cut is in the works however. We have “no plans to reduce its prices at this time.”
“We expect Nintendo to cut the price of the Wii before the holiday,” adds Wedbush Morgan video game analyst Michael Pachter. The Wii is the only console to not see its price tag slashed since launch.
BMO Capital analyst Edward Williams wrote that he believes the Wii “is selling in a more traditional seasonal pattern.”
Major US retailer GameStop CEO Daniel DeMatteo agrees with the sentiment and believes a minimum $50 USD price cut is coming to the Wii by the Q3 2009.
