Barnes & Noble to cut Nook prices for competitive edge

August 13, 2012 - 9:34 pm | Category: Tech

Barnes & Noble Inc. says it’s reducing by $20 the price for its less-expensive model Nook tablet computer, undercutting by that amount the rival Kindle Fire sold by Amazon.com.

The biggest U.S. traditional book retailer said Sunday it’s cutting the price for the 8-gigabyte model Nook tablet to $179 from the current $199. The Kindle Fire, with 6 gigabytes of memory, sells for $199.