With the Google Nexus 7 launching to massive success both with critics and consumers, the other players in its market segment are beginning to feel the pressure. The first to blink is Barnes & Noble. The book retailer has announced that it has cut the prices of its tablet products.
According to the announcement, the Nook Color’s price has now been reduced from $169 to $149. The Nook 8GB tablet is now priced at $179 from its original price of $199, and the 16GB variant of the Nook tablet is now going to retail for $199 from its previous price of $249. [Read more…]