There’s a reason why stiff competition among manufacturers is always beneficial to us consumers. Just look at what’s happening right now at the 7-inch tablet market segment.

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…]

Originally posted on August 13, 2012 @ 5:40 am