eBooks Versus Printed Books Survey

The Internet has killed CDs and newspapers… but not books

By on November 28, 2013 at 7:00 PM.

The Internet has killed CDs and newspapers… but not books

Given what digital media options have done to CDs and newspapers, you probably assumed that the rise of eReaders such as Kindle and Nook would be doing the same thing to printed books… but you’d be wrong. Per The Guardian, a new survey of people between the ages of 16 to 24 shows that 62% of young adults prefer reading printed books over eBooks. More →

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Amazon continues shoveling dirt on Barnes & Noble’s grave

By on November 26, 2013 at 12:40 PM.

Amazon continues shoveling dirt on Barnes & Noble’s grave

Barnes & Noble remains in dire straits, which is no surprise. What does come as a shock is that the bookstore chain has abruptly decided not to split its retail operations from its star-crossed Nook division. The company has mulled over the split for 18 months, but opted not to pull the trigger. B&N is pretty much a text-book case of a corporation paralyzed by steep and apparently irreversible decline. Nook sales, which were once the only hope for future growth, are now declining at a disastrous 32% clip. Amazon’s Kindle product range is simply devouring the Nook alive. More →

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New Nook Announcement Rumor

Barnes & Noble rumored to announce new Nook on October 31st

By on October 29, 2013 at 6:45 PM.

Barnes & Noble rumored to announce new Nook on October 31st

Amazon has cornered the eReader market with the Kindle: The company unveiled a few refreshed devices in September, just a month after reports indicated Amazon would sell $4.5 billion worth of eReaders this year. But the dark horse in the eReader race, Barnes & Noble, might be trying to make a comeback with an announcement of its own. More →

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Nook Price Drop Analysis

Nook’s death rattle

By on August 19, 2013 at 9:25 AM.

Nook’s death rattle

Barnes & Noble has finally slashed the price of its moribund Nook Simple Touch with Glowlight to $99. The entire eBook reader industry received a fatal blow when Amazon launched its Kindle Fire, a fairly impressive tablet at $199. All eBooks on the market were simply priced too high to prevent consumers from being seduced by slightly more expensive tablets with fancy color touchscreens and more expansive feature sets. Not even $79 was cheap enough to prevent buyers from bolting. More →

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Barnes & Noble Nook Hardware

Barnes & Noble abandons Nook tablet hardware

By on June 25, 2013 at 9:15 AM.

Barnes & Noble abandons Nook tablet hardware

Barnes & Noble on Tuesday morning reported fiscal fourth-quarter earnings that missed Wall Street’s consensus. Revenue was down 7.4% to $1.3 billion while the company doubled its net loss to -$118.6 million. Where Barnes & Noble’s Nook business is concerned, revenue fell 34% on-year to $108 million, resulting in a net loss of $177 million. As was seemingly just a matter of time, the struggling book seller confirmed that it is abandoning its Nook tablet hardware business and will instead rely on a “partnership model for manufacturing in the competitive color tablet market” that will seek third-party manufacturers to build eReaders that run Nook software. More →

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Nook Simple Touch Browser Email

Can new tablet features save the Nook Simple Touch?

By on May 20, 2013 at 8:00 AM.

Can new tablet features save the Nook Simple Touch?

When people buy an E Ink eReader instead of one of the many affordable tablets available on the market, they’re likely looking for a somewhat pure eBook reading experience. As Barnes & Noble’s Nook business continues to flounder, however, the book seller will soon bank on new tablet features to help boost interest in its Nook Simple Touch lineup. According to a purported leaked email obtained by TechCrunch, Barnes & Noble plans to issue an update to its Simple Touch eReaders that will add a Web browser, email and a new store app to the devices. No other details were provided, though the update is expected to begin rolling out over the air (OTA) on June 1st. A copy of the leaked email follows below. More →

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Microsoft Nook Purchase Offer

Microsoft may be willing to take Nook off Barnes & Noble’s hands for $1 billion

By on May 9, 2013 at 9:10 AM.

Microsoft may be willing to take Nook off Barnes & Noble’s hands for $1 billion

With Barnes & Noble planning to kill off the Nook in the near future, Microsoft is reportedly willing to take the eReader line off the company’s hands for the cool $1 billion. TechCrunch reports that Microsoft “is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors.” Under the terms of the proposed deal, Microsoft would gain control over Nook “e-books, as well as Nook e-readers and tablets,” so it seems that Microsoft is looking to branch out its tablet business from high-end devices such as the Surface to cheaper tablets and eReaders in the future. Barnes & Noble’s shares jumped nearly 25% in pre-market trading on the rumor.

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Nook Price Cut

Dawn of a new era: Barnes & Noble cuts Nook price by 63% in the U.K.

By on May 1, 2013 at 4:20 PM.

Dawn of a new era: Barnes & Noble cuts Nook price by 63% in the U.K.

Cor Blimey — beginning on Wednesday, British consumers are staring at a huge 63% price cut of the cheapest Nook eReader. The Nook Simple Touch price has plunged to £29 from £79. The Glowlight version has dropped to £69 from £109. This is not a permanent price cut, but a part of the Get London Reading literacy campaign. Nevertheless, the move is eye-popping. More →

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Barnes & Noble Nook Warning Analysis

Did Barnes & Noble just kill off Nook?

By on February 25, 2013 at 8:25 AM.

Did Barnes & Noble just kill off Nook?

Barnes & Noble (BKS) issued two devastating warnings about Nook revenue performance over the past two months. On Sunday night, a New York Times article stated that a person familiar with Barnes & Noble’s strategy believes “the company must move away from its program to engineer and build its own devices and focus more on licensing its content to other device makers.” B&N may reveal its plans to intensify partnerships with Samsung (005930) and Microsoft (MSFT) as soon as next Thursday. More →

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Nook Sales Analysis

Nook’s death spiral and Kindle’s triumph

By on February 14, 2013 at 11:40 AM.

Nook’s death spiral and Kindle’s triumph

Companies very rarely warn twice in 40 days about the same problem. When it happens, it usually indicates that something so unexpected is taking place that executives just cannot wrap their minds around it. One example is HTC’s (2498) string of warnings last winter when its Android success story suddenly unraveled. Another is Barnes & Noble (BKS) and its Nook warnings on January 2nd and February 13th. More →

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Barnes And Noble Christmas Earnings Analysis

Amazon is gutting Barnes & Noble

By on January 3, 2013 at 9:35 AM.

Amazon is gutting Barnes & Noble

Barnes & Noble (BKS) warned about the Christmas quarter a while back, so we knew things were heading south. Yet the numbers still have the power to shock. As a Nook owner, I am now starting to get that queasy Betamax feeling; Nook volumes actually declined year-on-year. The true horror here is that Nook revenues declined by more than 12% — a steeper slide than what B&N’s total sales showed. This means that combined digital content and Nook device sales are now shrinking faster than traditional hardcover and paperback sales. More →

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Barnes & Noble slashes Nook pricing ahead of rumored Kindle refresh

By on August 13, 2012 at 10:25 PM.

Barnes & Noble slashes Nook pricing ahead of rumored Kindle refresh

Barnes & Noble Nook Discount

Amid rumors that rival Amazon (AMZN) is planning to launch new versions of its Kindle eReaders as soon as next week, Barnes & Noble (BKS) on Sunday slashed prices on two of its Nook models. The company cut the prices of both its Nook Color and Nook Tablet, which are now being offered starting at $149 and $179, respectively. “Our Reader’s Tablets have consistently been the highest rated products by the leading technology experts and now they’re available for the lowest prices ever,” said Jamie Iannone, President of Digital Products at Barnes & Noble. “With NOOK Color for $149 and NOOK Tablet starting at $179, customers can enjoy our best-in-class digital reading and entertainment experience with an expansive selection of digital content and apps at an unbeatable price.” The company’s press release follows below. More →

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Barnes & Noble plans to bring NFC to the Nook

By on May 3, 2012 at 1:00 AM.

Barnes & Noble plans to bring NFC to the Nook

Barnes & Noble to bring NFC to the Nook

Barnes & Noble’s Nook eReader business is expected to see continued growth and was recently spun off into a new subsidiary that Microsoft invested $300 million in. The company’s CEO William Lynch sat down with Fortune and spoke about the future of the Nook business, and the executive said NFC-equipped Nook eReaders will be released as early as this year. “We’re going to start embedding NFC chips into our Nooks,” the CEO said. “We can work with the publishers so they would ship a copy of each hardcover with an NFC chip embedded with all the editorial reviews they can get on BN.com. And if you had your Nook, you can walk up to any of our pictures, any our aisles, any of our bestseller lists, and just touch the book, and get information on that physical book on your Nook and have some frictionless purchase experience. That’s coming, and we could lead in that area.” More →

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