After an initial announcement Formats supported include PDF, ePUB, TXT, HTML, MOBI, RTF, DOC, and CHM, as well as MP3 for audio books. Rumors suggest the LumiRead will be priced at around €250 ($316). That figure has not been confirmed, however, and with the latest Kindle selling for just $189 (or $139 without 3G) Acer will have to adjust its price to stay competitive.