Amazon Kindle and Barnes & Noble Nook moving to reader equivalent of junk bond status.

Is iPad an e-book category killer or are the commodity players just killing each other in a fight to be the cheapest number two player?

  • Amazon has cut the price of the Kindle by $70 to $189 in response to Barnes & Noble’s Nook price cut and, probably, Apple’s iBooks threat

More on this story at Business Insider.