Barnes & Noble Launches $249 Tablet

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Barnes & Noble is launching a new low priced touch screen tablet, the Nook Tablet, priced at $249 that is capable of playing HD video and comes preloaded with a number of apps for viewing movies and TV, including Netflix and Hulu Plus.

The table, which runs the Android Gingerbread operating system and has a seven-inch screen, is expected to be available on Nov. 17.

The introduction of lower prices tablets like the Nook and the $199 Kindle Fire from Amazon -- also to go on sale in mid-November -- are expected to both increase competition during the Holiday season for Apple, which still dominates the tablet market, and boost tablet usage by making the devices more affordable. Currently the cheapest Apple iPad 2, which has a 10-inch screen, sells for around $508.00 Amazon.

Read more at B&C here.