Best Buy drops Nook Color to $199 ahead of Monday's announcement

Barnes & Noble might be waiting for Monday to drop the Nook Color to $199 as the Nook Tablet takes over, but Best Buy's coming out of the gate first, already shaving $50 off the popular 7-inch e-reader. No word on whether it'll drop the Nook Simple Touch to $99 as well.

Stay tuned for all the fun Monday morning in New York City. We'll be there for all the festivities.

Source: Best Buy; via press release

Phil Nickinson