Amazon has slashed the price of their Kindle electronic book reader by $70, to $189.
Is it time for me to buy one, or should I hold off in hopes that they’ll slash prices even further by Christmas?
The reason for the price decrease, according to an Associated Press article, is because of a price war with Barnes & Noble, which dropped the price on its Nook device to $199.
The pricing history for the Kindle looks like this:
- 2007, debut – $399
- 2009, October – $259
- 2010, June – $189
- 2010, December – Can we predict another $70 drop, down to $119?
Similar to the advent of digital cameras for consumers, I believe the e-book reader market is going to grow slowly, but steadily, and will see adoption on a mass scale once the price for readers drops below $100.
Interesting note from the AP article: only 9 percent of U.S. adults bought at least one e-book last year.
So, should I buy a Kindle now? Cast your vote in the poll below, and please share your comments about the the pros and cons of your own e-book reader!









