Tuesday, April 12, 2011

Amazon Drops the Price on Kindle, But Ads or No Ads, Don't Get Your Hopes Up for Free | Tricia Duryee | eMoney | AllThingsD

Check the article link below for more on Amazon’s new ad-supported Kindle

Three years ago, the first Kindle went on sale for $399, and each subsequent price drop led to a spike in sales.

Last year, when Amazon dropped the price to $139 for the Wi-Fi model and $189 for 3G, it became the company’s bestselling product in history. What’s more, robust sales helped catapult Kindle books to become the most popular format on the giant bookseller’s site, surpassing hardback and even paperback books.

The new Kindle introduced today will cost $114 when it comes out on May 3. That’s roughly the same price as 10 paperbacks. It will be sold by Amazon, Best Buy and Target.

Amazon Drops the Price on Kindle, But Ads or No Ads, Don't Get Your Hopes Up for Free | Tricia Duryee | eMoney | AllThingsD

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