Just in time for back to school shopping, Amazon.com will start selling Kindle 3 on August 27. There will be two versions, with 3G will cost about $189 and Wi-Fi will cost $139. The new Kindle will also available in two colors, gray or white. Each Kindle can hold about 3,500 books. Kindle 3 will be smaller and lighter than the current Kindle 1 or Kindle 2.
According to AP News, Amazon's bookstore now has more than 630,000 books formatted for Kindle. Books for Kindle usually cost about $5.99 to $9.99 each, or sometime they are free too.
Marketing experts believe the new pricing for Kindle 3 at below $200 will help boosting e-readers sales for the new several months. The new Kindle 3 could possible kill other competitors on the market, such as Barnes & Noble’s Nook e-reader and Sony Corp.'s Reader Pocket Edition.