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.

Win one of three XBox One Console Packages from XBox

Join Heavy's daily email newsletter and Askmen's newsletter to enter to win one of Three(3) great XBox One Console Packages from XBox
Read the sweepstakes rules here.

Leave a comment

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

Follow

Get every new post delivered to your Inbox.

Join 979 other followers