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Amazon has dropped the price of the Kindle to $359. If you bought a Kindle within 30 days of the price drop, call customer service for a $40 refund.

And this announcement was made yesterday:

Publisher Simon & Schuster offers 5,000 more books for Amazon's Kindle reader


The Associated Press
Saturday, May 31, 2008

LOS ANGELES: Amazon.com said Friday that publisher Simon & Schuster Inc. will make 5,000 more books available for the Amazon Kindle wireless reader, bumping to 125,000 the number of titles users can download and read.

Later in the day, Amazon.com Inc. Chief Executive Jeff Bezos appeared at the BookExpo America convention in Los Angeles and touted the benefits of electronic book offerings.

He said Amazon had temporarily sold out of hard copies of "What Happened: Inside the Bush White House and Washington's Culture of Deception," the new tell-all book by former White House press secretary Scott McClellan.

It's still available, however, for electronic downloading, Bezos said.

"That's one of the great things about electronic books," he said. "They don't go out of stock."

Bezos has said Kindle e-books now account for 6 percent of sales among the 125,000 titles available on the site in both electronic and print formats. The company did not elaborate on that figure.

The online retailer cut the Kindle's price by $40 (€25.79) to $359 (€231.49) on Tuesday but still won't say how many have sold. The company also refuses to divulge the total number of e-books it has sold.

Kindle launched last November and sold out in hours. Amazon sorted out its supply chain and manufacturing problems, and the device was back on sale in April.
 

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That is great news! This ought to really trigger a lot of Kindle sales.

At least it will in my family...!  :)
 
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