Sony has cut the prices on its electronic-book readers to keep up with competition from Amazon.com and Barnes & Noble, which both recently slashed prices on their own eReaders, reports the Associated Press. Sony Corp. spokeswoman Valerie Motis said that Sony last week dropped the price of its Reader Daily Edition by $50, to $300. Like Amazon’s Kindle and Barnes & Noble’s Nook, the Daily Edition can download eBooks wirelessly. Sony also lowered the price of its Reader Touch Edition by $30, to $170, and the Reader Pocket Edition by $20, to $150. Last month, Amazon cut the Kindle price by $70, to $189, just hours after Barnes & Noble reduced the Nook price by $60, to $199. Both face competition from Apple Inc.’s iPad, which starts at $499…
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