Tech

Barnes & Noble Nook Division Is Sinking

nook

Barnes & Noble’s not doing as well as they hoped with its Nook business, which includes the e-book reader, the tablet, and digital content such as movies, books and accessories. B&N announced yesterday that they’re expecting a major loss for its Nook Business in 2013. Although they haven’t announced any numbers just yet, before interest, taxes, depreciation and amortization, the company will lose more than $262 million, which is more than the loss they had in fiscal 2012. Barnes & Noble is planning to announces its Q3 earnings next week.

Respond To This

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Tech you need to know

Follow

Get every new post delivered to your Inbox.

Join 538 other followers