Amazon has announced another price cut, down from the original $399 in 2007 to $259 today. However, our reading brothers and sisters in Australia, Japan, India and Germany willl pay a bit more, at $279.
And here's the bad news for book purists: According to Amazon CEO Jeff Bezos, "I think that ultimately we will sell more books in Kindle editions than we do in physical editions." Considering how large a share of the books market Amazon has, I find that prediction stunning.
With a bad economy and Christmas coming up, this was clearly a good business move for Amazon, but I wonder how many previously on-the-fence readers will now embrace the e-reader?
And how low would the price have to go for you to buy one, Dave?