April 16, 2014

Barnes & Noble Reports Decline in Nook Sales

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From The NY Times:

The bookseller said revenue for the Nook unit – including e-readers, digital content and accessories – fell 12.6 percent, to $311 million, during the holiday shopping season, compared with the period a year earlier. Digital content sales rose 13.1 percent, while sales of Nook devices declined.

“Nook device sales got off to a good start over the Black Friday period, but then fell short of expectations for the balance of holiday,” William J. Lynch Jr., chief executive of Barnes & Noble, said in a statement. “We are examining the root cause of the December shortfall in sales, and will adjust our strategies accordingly going forward.”

See Also: Barnes & Noble’s bad holiday: Nook, store and BN.com sales down (by Laura Hazard Owen, paidContent)

See Also: Full Text of Barnes & Noble Holiday Announcement

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Gary Price About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.