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Barnes & Noble cuts price for its Nook eBook reader

Barnes & Noble is offering a lower-price Nook electronic reader with a Wi-Fi connection, reports the Associated Press—and it’s cutting the price on the original Nook reader. The Nook Wi-Fi is available now for $149 online at nook.com [1] and bestbuy.com [2]. The company is lowering the price for its original Nook, which has both 3G and Wi-Fi connectivity, from $259 to $199. That undercuts the $259 Kindle sold by Amazon.com [3], Nook’s top competitor. The Nook Wi-Fi will ship this week for online orders and will be in Barnes & Noble and Best Buy stores later this summer. Nook users also will receive a software update that lets them jump to a specific page number in an open eBook…

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