Nook had $316 million in revenue in the third quarter, down 26% compared to the same period last year and lost $190 million versus $83 million the previous year (in earnings before interest, taxes, depreciation and amortization – EBIDTA). The company attributes the setback to poor holiday sales. On a positive note, digital content sales were up 6.8% for the quarter despite the soft device sales. - See more at: Revenues and Profits Down at Barnes & Noble in Third Quarter, Nook Division to Cut Costs | Digital Book World
I don't have a Nook, but I'd like to see more healthy competitors in the space than less. Do you guys think a Microsoft partnership is going to help?
Revenues and Profits Down at Barnes & Noble in Third Quarter, Nook Division to Cut Costs | Digital Book World