Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Amazon slashes price on supersize Kindle

By Annalyn Censky, staff reporter


NEW YORK (CNNMoney.com) -- In its latest move in the e-reader wars, Amazon slashed the price on the supersize version of its Kindle by more than $100 on Thursday.

Seattle-based Amazon (AMZN, Fortune 500) said it will sell the next generation of its Kindle DX -- the 9.7-inch large-screen version of its portable reader -- for $379, a deep discount from the original $489 price tag. It's releasing the new version July 7, with pre-sale orders starting online today.

Like its smaller Kindle cousin, the DX offers free 3G wireless. The new version displays graphics and text 50% more clearly than its predecessor, Amazon said. It also comes in a graphite color, instead of the original white.

The announcement comes soon after rivals Amazon and Barnes & Noble (BKS, Fortune 500) sharply cut prices on their flagship e-readers. Barnes & Noble cut its Nook e-reader price tag to $199 last week and introduced a low-cost, Wi-Fi-only version for $149. Hours later, Amazon reduced the price of its regular Kindle -- which has a 6-inch screen -- to $189, down from $259.

But some savvy shoppers scored one even cheaper.

Deal-a-day site Woot.com, which on Wednesday announced it will be acquired by Amazon, offered the regular-sized Kindle for $149.99 on Thursday. The site had just under 5,000 units available, and sold out of them in less than nine hours.  To top of page

Index Last Change % Change
Dow 17,140.24 -260.51 -1.50%
Nasdaq 4,594.44 -113.54 -2.41%
S&P 500 2,000.54 -36.87 -1.81%
Treasuries 1.46 -0.12 -7.54%
Data as of 5:05pm ET
Company Price Change % Change
Bank of America Corp... 12.18 -0.82 -6.31%
General Electric Co 29.32 -0.50 -1.68%
Citigroup Inc 38.48 -1.82 -4.52%
Ford Motor Co 12.16 -0.36 -2.88%
Microsoft Corp 48.43 -1.40 -2.81%
Data as of 4:15pm ET
Sponsors

Sections

Massive renovation by Chinese insurer Anbang Insurance will close landmark Waldorf Astoria for more than a year to convert most rooms into luxury condos. More

The fallout of the UK referendum vote to leave the European Union undercuts central banks' ability to buoy the global economy. More

Yankees reach deal with StubHub to make it easier to list tickets on StubHub site, which could drive down the price of tickets paid by fans. More