Amazon just announced in a press release that the Kindle would be getting a price cut. The Amazon Kindle is an e-book reader, with 3G capability. The Kindle has access to the Kindle store, which has more than 600,000 books. As of now the Amazon Kindle, retails for $259, but beginning from today the device will retail for $189. Even with the reduced price, the Kindle will still come with free 3G wireless service.
I guess the price cut can be attributed to the strong sales of the Apple iPad. The strong sales of the iPad might have forced Amazon to reduce the price of the Kindle. It might also be possible that Amazon will be launching a new version of the Kindle this summer, and so they are reducing the price of the eBook reader.
This price cut can also come in response from the Nook reader, which features Wi-Fi, and will retail for $199. Here is the link to the Press Release.