Thursday, April 24, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Posts Strong First-quarter Revenue
Computer Sales Keep Microsoft's Profit Low
Facebook Buys Fitness Tracking App Moves
Tech Companies Unite To Boost OpenSSL, Security
Facebook Introduces Newswire For Journalists
Surface Mini Accessories Appear On Amazon
OCZ Launches the RevoDrive 350 PCIe SSD
Sony Introduces New High-Resolution Audio A/V Receivers, Speakers and Blu-ray Home Theater Systems
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > PC Parts > Barnes ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, June 26, 2013
Barnes & Noble Exits The Tablet Market


Barnes & Noble will stop manufacturing its NOOK HD and NOOK HD+ tablets, marking the end of its attempt to compete with rivals Amazon.com Apple and Google.

The U.S. bookstore chain reported dismal results on Tuesday, led by a 34 percent drop in sales of Nook devices and e-books business, and said it expects sales to continue to decline this fiscal year at its bookstores.

The company plans to significantly reduce losses in the NOOK segment by limiting risks associated with manufacturing. Going forward, Barnes & Noble intends to continue to design eReading devices and reading platforms, while creating a partnership model for manufacturing in the competitive color tablet market. Thus, the Simple Touch and Glowlight products will continue to be developed in house, and the company's tablet line will be co-branded with yet to be announced third party manufacturers of consumer electronics products. At the same time, the company intends to continue to build its digital catalog, adding eBooks every week, and launching new NOOK Apps.

The company will continue to offer its existing inventory of its NOOK HD and NOOK HD+ devices through the holiday.

"Our Retail and College businesses delivered strong financial performances in fiscal year 2013," said William Lynch, Chief Executive Officer of Barnes & Noble. "We are taking big steps to reduce the losses in the NOOK segment, as we move to a partner-centric model in tablets and reduce overhead costs. We plan to continue to innovate in the single purpose black-and-white eReader category, and the underpinning of our strategy remains the same today as it has since we first entered the digital market, which is to offer customers any digital book, magazine or newspaper, on any device."

Barnes & Noble launched the first version of the Nook e-reader in 2009 to take on Amazon.com's Kindle and secure a place in the e-books market.


Previous
Next
Sharp AQUOS Ultra HD LED TV Coming In August        All News        Mobile Threats Continue Rampant Growth
Toshiba Launches High-capacity Automotive-Grade HDD     PC Parts News      Biwin Introduces Half Slim H6201 Embedded SSD

Get RSS feed Easy Print E-Mail this Message

Related News
Barnes & Noble Reports Weak Nook Sales, But Says New Device Coming
New Nook GlowLight e-reader Available For $119
New Lower Prices for NOOK HD and NOOK HD+ Tablets in the UK
Special Mother's Day Prices For NOOK Tablets
B&N Adds Google Play App Store to its Nook HD Tablets
Barnes & Noble Offers Free NOOK Simple Touch With Every NOOK HD+ Tablet
New Studio Partnerships For NOOK Video
Barnes & Noble Offers Gift Cards With NOOK HD and NOOK HD+ Purchases
Barnes & Noble Announces Cuts Prices Of NOOK Tablet and NOOK Color
Barnes & Noble Detects Tampering with PIN Pad Devices at Stores
Barnes & Noble and Microsoft Complete Partnership
NOOK Simple Touch Now Available for $119

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .