MobileRead Forums - View Single Post - B&N reports $87m loss for Q1 2014, NOOK business plunges 20%

charmian · 08-20-2013, 04:35 PM

They say that there will be "at least one" new Nook device this fall and that it'll be a color device of some sort. That suggests to me another tablet, which seems kind of strange given that their existing tablets are now being sold at a steep discount, unless they are going with Mirasol or color e-ink. They also say that they will continue to develop both tablets and e-ink readers in-house. (http://gigaom.com/2013/08/20/barnes-...investor-call/) Also, they will "move to a business of lower priced [devices] at higher volume." This is because they believe they must own the devices to sell content.

So Riggio has put on hold his bid for the B&N stores... And they believe the stores will have high single digit declines in revenues next year.

08-20-2013, 04:35 PM	#8
charmian Addict Posts: 386 Karma: 1814548 Join Date: Feb 2009 Device: Kindle 3, Kindle PW2	They say that there will be "at least one" new Nook device this fall and that it'll be a color device of some sort. That suggests to me another tablet, which seems kind of strange given that their existing tablets are now being sold at a steep discount, unless they are going with Mirasol or color e-ink. They also say that they will continue to develop both tablets and e-ink readers in-house. (http://gigaom.com/2013/08/20/barnes-...investor-call/) Also, they will "move to a business of lower priced [devices] at higher volume." This is because they believe they must own the devices to sell content. So Riggio has put on hold his bid for the B&N stores... And they believe the stores will have high single digit declines in revenues next year.