Barnes & Noble today introduced Nook Tablet with 8GB of memory for just $199 and decreased the price of Nook Color to just $169. The new Nook Tablet comes 7-inch screen, 1GHz dual core processor, 8GB storage, 512MB RAM, WiFi and microSD card slot. The tablet offer 11.5 hours of battery life for reading and nine hours for video viewing.

“For any customer who likes to read digitally, watch movies or TV shows, browse the web, or help their kids read and learn through interactive books and apps, our new $199 NOOK Tablet with 8GB is the best product value on the market,” said William Lynch, Chief Executive Office of Barnes & Noble. “NOOK Tablet is the highest-rated wireless media tablet in the 7-inch class, ultra-portable at under a pound, offers our exclusive VividView screen technology, and since its introduction this holiday has received rave reviews from customers about all its great features. We’re pleased to now offer customers the ability to experience NOOK Tablet’s unmatched content experience for only $199.”

NOOK Tablet – 8GB version is available for purchase today for $199 at Nook’s website and in Barnes & Noble stores, and will be available in leading retailers including Best Buy, Target and Walmart in the coming weeks. NOOK Color is now available in Barnes & Noble stores and on Nook’s website for $169.