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Old 01-03-2013, 12:07 PM   #6
Top100EbooksRank
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Posts: 304
Karma: 6102528
Join Date: Mar 2012
Device: Kindle
Quote:
The bookseller, which also saw fewer shoppers come in to its bookstores, has bet heavily on its Nook business, which includes e-readers and tablets as well as digital books, as a source of growth.
But the Nook segment saw revenue fall 12.6 percent from a year earlier during the nine weeks ended December 29 as it cut prices to compete with Amazon.com Inc's Kindle and Apple Inc's iPad.
not good news for B&N

tablets are replacing ereaders
tablets are having explosive growth year over year

but B&N Nook tablets and ereaders actually are selling less than last year
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