Kindles continue to get cheaper, and this time it has nothing to do with Amazon.com
It's a bold move, matching the price of Barnes & Noble's
AT&T's sponsorship is essentially shaving $50 off the 3G model. Why couldn't it do the same with the Wi-Fi version to bring that one all the way down to $89?
Well, the key here is the 3G.
"Kindle 3G is by far the fastest-growing connected device on the AT&T network," AT&T's Ralph de la Vega claims.
Keep in mind that this doesn't mean that AT&T is sponsoring the 3G connectivity itself, as a spokeswoman clears up to PaidContent.org. Amazon is still covering the data charges consumed when owners are browsing through Amazon's store and downloading fresh newspapers, magazines, or books. AT&T is simply making its own luck by making sure more e-reader buyers -- and advertisers -- go through its wireless network by making the 3G model as cheap as the Wi-Fi competition. The move will also make it harder for Amazon to consider switching to a different carrier.
The e-reader market has come a long way since the first Kindles rolled out in 2007 at a $399 price point that seems ghastly in retrospect.
Remember when there was the fear that Apple's
It won't be long before we see a fully subsidized Kindle. If AT&T can sponsor the 3G model, why can't a newspaper company bundle a long-term e-reader subscription with the rights to serve up ads beyond the screensaver and home page?
Prices continue to inch lower one way or another, and now we're simply on a race to free.
Have you recently become an e-reader convert? Share your thoughts in the comment box below.
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Longtime Fool contributor Rick Munarriz owns a Kindle and an iPad, but he uses his iPad a lot more. He does not own shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.