Barnes & Noble is now heavily discounting (and even giving away free) NOOK devices with digital subscriptions to a magazine or newspaper, the first time a bookseller has ever done this type of promotion if I’m not mistaken.
The company, which is considering spinning off its NOOK business into a separate unit, this morning said customers who purchase a one-year NOOK subscription to The New York Times will receive a NOOK Simple Touch e-reader at no cost (instead of $99).
Alternatively, customers can also get a NOOK Color for $99 instead of $199 with their NYT subscription, which for the record is $19.99 per month for full digital access. → Read More
Barnes & Noble this morning reported sales and earnings for its second quarter ended October 29, 2011, and they’re a mixed bag. Total sales decreased slightly, from $1.9 billion to $1.89 billion, compared to the prior year.
The company posted a net loss of $6.6 million for the quarter, or $0.17 per share, as compared to a net loss of $12.6 million last year. This is below Wall Street expectations.
B&N further said that the consolidated NOOK business across all of the company’s segments, including sales of digital content, device hardware and related accessories, increased 85 percent in the second quarter to $220 million, on a comparable sales basis. → Read More
In the mad rush to push out more and more Android slate products, Amazon and Barnes & Noble are like a calm port in the storm. Their devices are touted as ereaders but, after a bit of digging, you find that they are now considerably more interesting – and compelling – as tablet products for an entry level market. They are not threatening nor are they particularly difficult to grasp. In short, they are the perfect neophyte’s tablet, a cross between the simplicity of an e-ink ereader and a fully-featured mobile device. It’s good enough at both that people buying it for one purpose will be pleased with the device’s other strengths; depending on what you want, it’s either an Android slate in ereader’s clothing or vice versa.
As it stands, the Nook Tablet is an impressive bit of machinery. It is a solid slab of electronics designed to do a few things exceedingly well and – sadly – a few things quite poorly. As a color, touchscreen ereader it is one of the best and, for those with an adventurous bent, I can imagine this becoming a useful media and app device. → Read More
Barnes & Noble took to the wires this morning to announced its 2012 first quarter sales and earnings. It’s mostly good news with sales in the first quarter hitting $1.4 billion, an increase of 2% over last year. Online sales increased 37% to $198 million while brick and mortar sales decreased 3% to $1 billion. The big news, however, is B&N’s Nook business increased a whooping 140% to reach $277 million, on a comparable sales basis. → Read More
Yesterday’s “Everybody panic!” is today’s “Meh.” B&N, Amazon, and Google Books have all taken pains to make it abundantly clear that you can only buy their ebooks from the e-store “through the Safari browser on their device or any computer” (to quote B&N) and have removed direct links to those stores from their iPad apps. In this way, they bypass Apple’s 30% revenue request. Here are the chances folks have made, including Google Books’ return to the App Store with ebook sales disabled. → Read More
