Not a Happy Holidays For Nook Device, Sales Drop More than 60% vs. 2012
From Barnes & Noble:
The NOOK segment (including digital content, devices and accessories), had revenues of $125 million for the nine-week holiday period, decreasing 60.5% as compared to a year ago.
Device and accessories sales were $88.7 million for the holiday period, a decrease of 66.7% from a year ago, due to lower unit selling volume and lower average selling prices.
Digital content sales were $36.5 million for the holiday period, a decline of 27.3% compared to a year ago due to lower device unit sales and lower average selling prices.
Retail unit sales at Barnes & Noble stores and B&N.com fell 6.6% (5.5% in comparable sales) vs. the 2012 holiday period.
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See Also: Analysis from Brad Stone at BloombergBusinessweek
See Also: Barnes & Noble core retail business stabilized during holidays (via Reuters)
Filed under: News
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.