Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 25 June 2013 23:38

Barnes and Noble gives up on Nook

Written by Slobodan Simic



Switches to partnership model

Barnes and Noble has announced that it will stop making Nook tablets and switch to a partnership model that will result in co-branded tablets with yet to be announced third party manufacturers.

The announcement came during the Barnes and Noble 2013 annual financial results report and while the Nook business managed to generate revenue of US $108 million for the last quarter and US $776 million for the full year, it is still a decrease of 34 percent for the quarter and 16.8 percent for the year. Device sales declined during Q4 due to lower demand.

Company announced that it plans to significantly reduce its losses in the Nook segment by limiting risks associated with manufacturing. While it will still continue to design eReading devices it will switch to a partnership model for manufacturing in order to compete in the color tablet market. Barnes and Noble plans to continue to develop Simple Touch and Glowlight products in house but the tablet line will be co-branded with yet to be announced third party manufacturers.

The currently available Nook HD and Nook HD+ tablets will still be available but it looks like future products are out of the question, at least until B&N manage to score a really good partnership deal.



nookshd

Last modified on Wednesday, 26 June 2013 07:15

Slobodan Simic

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments