Tag Archives: Barnes & Noble Inc.
Microsoft Invests $300 Million Into Barnes & Noble’s Nook Spin-Off
Microsoft Corporation and Barnes & Noble (B&N) have formed a partnership to help fight against tablets like the iPad and the Kindle. Microsoft and Barnes & Noble’s strategic partnership will lead to the spin-off of an independent Nook business. The Nook business will also include B&N’s College business. Microsoft’s $300 investment at 17.6% equity in the subsidiary values it at $1.7 billion.
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Barnes & Noble Nook Simple Touch With GlowLight Now Available For Pre-Order
The Nook Simple Touch With GlowLight is only $139 and Barnes & Noble is accepting pre-orders starting today. The company is expecting the product to ship and arrive in stores this coming May. The new key feature of this tablet is the front-lit screen called GlowLight. The new Nook emits a glow that is different from most traditional backlighting. The battery life has been cut in half, but it is still decent overall.
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Next-Gen Nook Simple Touch Expected To Have Lit Screen
Earlier we reported that the next-gen Amazon Kindle will have a front-lit screen, but now there is a rumor that the next-gen Nook Simple Touch will have a front- lit display. Barnes & Noble is dubbing this feature as “GlowLight.”
Barnes & Noble Releasing 8GB Nook Tablet On February 22
Barnes & Noble is getting ready to launch an 8GB tablet on February 22nd. The current Nook tablet costs $50 more than the Kindle Fire. According to documentation leaked to The Verge, the upcoming 8GB Nook tablet appears to be the same as the current $249 tablet, but with less storage space. The less storage space indicates that Barnes & Noble will match the $200 price point that the Amazon.com Kindle Fire uses. The documentation revealed that Walmart will be selling the device starting at 12:01AM on Wednesday Feb. 22nd.
Barnes & Noble Considers Spinning Off Nook E-Reader Unit
Book retailer company Barnes & Noble is considering spinning off their Nook e-reader unit so that they can continue to scale that business. Barnes & Noble wants to “unlock” the value of the Nook unit. Barnes & Noble is projecting that they will earn revenues of $7 and $7.2 billion in 2012 even though Wall Street was predicting $7.33 billion. The losses are due to investments in the Nook business and sales of the Nook Simple Touch.
Barnes & Noble’s NOOK Business For Q2 Hits $220 Million In Revenue
Barnes & Noble, Inc. (NYSE:BKS) had recently issued the Q2 2012 earnings report and they revealed the NOOK business revenue hit $220 million. The NOOK Tablet has become Barnes & Noble’s fastest selling device to date. However the company hit a net loss of $6.6 million this past quarter.
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Barnes & Noble Asks U.S. Government To Probe Microsoft On Patent Royalties
Barnes & Noble, Inc. (NYSE:BKS) has asked U.S. government regulators to investigate whether Microsoft Corporation (NASDAQ:MSFT) is seeking to monopolize the mobile device market by demanding patent royalties for electronics based on the Google Inc. (NASDAQ:GOOG) Android operating system.
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Barnes & Noble Officially Announces Nook Tablet, Available Nov. 17 For $249
Barnes & Noble, Inc. (NYSE:BKS) has officially announced the details about the Nook Tablet today. The Nook Tablet was made to replace the Nook Color. The Nook Tablet has an “HD viewing experience” and it has a 1GHz dual-core processor and 1GB of RAM. The Tablet weighs under a pound and the display is sourced from LG. It has an IPS unit with a 180-degree viewing angle. It can play up to 9 hours of 1080p video on a single charge.
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Barnes & Noble Nook Tablet Coming November 16th For $249
Barnes & Noble, Inc. (NYSE:BKS) is expected to launch the Nook Tablet for $249 on November 16th. The Nook Tablet is going to have 7-inch VividView IPS color touchpanel with a 1024×600 screen resolution, 1.2GHz dual-core OMAP4 processor, 1GB RAM, 8.1x5x0.48 inches in dimensions, 16GB of hard drive space, microSD slot, 8 hours of battery with WiFi off, 802.11b/g/n WiFi, and support for many different formats including DOC, Flash, MP3, MP4, AAC, JPG, TXT, PDF, etc. The price is about $249 in the U.S. Pre-orders for the Nook Tablet starts on November 7th and the release date is November 15th. [Engadget]
Barnes & Noble Expects Borders Shut-Down To Boost Them Up To $200 Million
Barnes & Noble, Inc. (NYSE:BKS) reported that they are expecting a sales boost of $150-$200 million due to the dissolution of Borders book stores. Barnes & Noble expects a sales increase at stores that are open at least a year to increase 2-3% during their 2012 fiscal year, which starts May 1. Barnes & Noble acknowledged the competition they saw from Borders to find discounts due to the closing of 399 stores.
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