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)