Nook tablets see price cuts in competitive market

The Nook Tablet and Nook Color have received lower price points this weekend, likely because of the success of Google's Nexus 7 success and Amazon Kindle Fire 2 speculation.

Three Nook models are now offered at lower prices. The 16GB Nook Tablet is seeing the biggest push at $199, or a $50 discount.

The 8GB Nook Tablet has gone done $20 to $179 and the Nook Color now costs $149, also dropped by $20.

Sales are always good news for consumers, but the better news is that downward-facing price trends mean more to come across the tablet and e-reader market.

A Kindle competition

The discount move from Barnes & Noble is probably an attempt to edge towards the top of a bargain-price tablet dog-pile.

Between the Nexus 7 (now performing quite well in sales) and the Kindle Fire, consumers delving into tablets cheaper than the iPad are bombarded with high-quality, affordable options for Android devices.

The Nexus 7 represents the premium end of this spectrum, currently the only out of the three tablets mentioned to offer a resolution with up to 216 pixels per inch.

However, rumors have been circulating about a possible 2012 release date and enhanced specs for the Kindle Fire 2, a device that's looking to rival the Nexus 7 in resolution while staying around the $200 price point.

That's not to mention, of course, the Sony Xperia Mint, the Blackberry Playbook, or any of the myriad Windows 8 tablets also on the horizon.

To call this upcoming holiday season a bit crowded in the mobile tech market might be premature, but signs like the Nook price drops indicate a busy future for tablet retailers.

Via CNET, TechCrunch and Barnes & Noble