New Nook Color Price Could Beat Kindle Fire

Barnes & Noble is holding a media event in New York on Monday, and there’s speculation the bookseller will announce it is lowering the price of its Nook Color to compete with the $199 Amazon Kindle.

According to computerworld.com, analysts believe Barnes & Noble won’t want to get their price beaten by  Amazon. Their 7-inch Nook Color currently sells for $249.

The Kindle Fire tablet will be out on Nov. 15, just a few days after the B&N announcment.

According to computerworld.com, the bookseller might also announce a cheaper black-and-white e-reader to compete with the lower-cost Kindle e-readers Amazon announced in September.

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