"The bookseller said Tuesday that losses at its Nook digital business more than doubled in the quarter ended April 27, easily wiping out profits generated at its bookstores. As a result, Barnes & Noble said it would stop producing its own color tablets, in favor of co-branded devices made by third-party manufacturers.Barnes & Noble Pulls Back After Losses in Tablet Wars - WSJ.com
Barnes & Noble will continue to design and make its own black-and-white Nook e-readers, which account for the majority of its e-book sales. But with e-reader sales expected to decline over time, it is unclear how competitive Barnes & Noble can be long term without its own presence in the tablet market, which is forecast to keep growing."
Wednesday, June 26, 2013
Barnes & Noble Pulls Back After Losses in Tablet Wars - WSJ.com
Turbulent times for Barnes & Noble