Barnes & Noble Cuts Nook Price From $99 to $79

Barnes & Noble has lowered the price of its Nook Simple Touch e-reader to $79 to compete against Amazon's entry-level e-reader, the Kindle.

The E-Ink e-reader, which previously cost $99, packs essentially the same hardware as the Kindle: Both devices have 6-inch black-and-white screens, Wi-Fi connectivity and 2 GB of storage. (Via a microSD card slot, Nook storage can be expanded to 32 GB -- only useful, really, if you want to store all your books and PDFs on your device, instead of archiving them in the cloud.)

The Nook is slightly wider, thicker and heavier than the Kindle (6.5 inches x 5.0 inches x .0.47 inches and 7.5 ounces, versus 6.5 inches x 4.5 inches by 0.34 inches and 6 oun…
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