Tag Archives: Barnes & Noble Nook
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 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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Consumer Reports Gives The Nook A Better Rating Than The Kindle
The Barnes & Noble Nook Simple Touch Reader has been given a better rating than the Amazon.com Kindle by Consumer Reports. While I have not always been on the same page as Consumer Reports, I know how seriously people take their ratings.
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Categories Barnes & Noble Nook, Consumer Reports, Kindle
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Barnes & Noble Announces A New Touch-Based Nook For $139
Barnes & Noble, Inc. (NYSE:BKS) has announced a new Nook 6-inch WiFi e-reader device. The $139 Nook has a touchscreen and a battery life of up to two months. This Nook uses e-Ink. This new Nook has only one button and sells for the same as the Amazon.com Kindle 6-inch WiFi version. The new Nook is available for pre-order, but will not be shipping until June 10th. [TechNewsWorld]
Categories Barnes & Noble Nook
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Barnes & Noble Discontinuing The Nook 3G
The Barnes & Noble Nook device has been selling by the millions, but the Nook 3G has been struggling. According to a source with Engadget, the Nook 3G will continue to sell until the stock is exhausted. And the book retail company has been encouraging retail partners not to send out any more bulk orders. The reason for the discontinuation is rumored to be because of a lack of supply not because of the lack of bulk sales.
Spring Design’s Lawsuit Against Barnes & Noble Will Go On
Spring Design’s lawsuit against Barnes & Noble, Inc. (NYSE:BKS) will go on. Spring Design filed a lawsuit against Barnes & Noble because they said the Nook electronic tablet reader was illegally copying their screen design. Spring Design said that Barnes & Noble is allegedly misappropriating trade secrets, violating breach of contract, and is competing unfairly. U.S. District Judge James Ware refused to throw out the case. Spring Design announced a lawsuit against Barnes & Noble in November 2009. The price of the Nook starts at $149. According to Forrester Research, Barnes & Noble is expecting to sell 2 million units by the end of the year. [Reuters]
Amazon.com Gets Patent For Dual-Screen E-Reader, B&N Nook Might Be Affected
Amazon.com has been given a patent for a dual-screen e-reader. Given that the Barnes & Noble Nook is a dual-display e-reader, this could mean that the two companies may get into some sort of conflict. Amazon.com filed the patent in 2006 and Amazon.com agreed not to file any corresponding foreign patents during this four year patent process. This is what the patent covers:
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