Today at Apple’s special event in Cupertino, CEO Tim Cook announced that Apple is reducing the price of entry for the Apple Watch to $299, which will become the new price of the 38mm Sport Edition. The 42mm Sport Edition will now be priced at $349. The price reduction affects only the Sport Edition models — the various stainless steel versions remain in the $549 to $1049 range, depending on band selection. Cook also announced a new selection…
