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Old 01-07-2011, 02:35 AM   #1
GreenMonkey
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Posts: 945
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Join Date: Jun 2010
Location: Michigan
Device: Nook ST glow, Kindle Voyage
B&N CFO "thrilled" about holiday sales

Heard this story on NPR today. Thought I'd post it.

"Digital Divide Propels Barnes & Noble Past Rival"

http://www.npr.org/2011/01/06/132713...-rival?ps=cprs

Quote:
"Thrilled" was the word Barnes & Noble Chief Financial Officer Joseph Lombardi used to describe the mood at his company. Holiday sales at BarnesAndNoble.com were up 78 percent over last year; store sales increased by almost 10 percent. While sales of hardcover books were better than expected, Lombardi made it clear that Barnes & Noble's popular e-readers, the Nook and the Nook Color, were behind the good news.
Talks about their positive sales results. They definitely attribute a lot of it to the Nook. Some talk about Border's financial trouble and what B&N was doing right that apparently Borders didn't.

Good signs for future Nook support.
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