![]() ![]() But by the first quarter it had slipped out of the top 5, replaced by Microsoft.Īt the same time, competition is proliferating, with the global tablet market growing quickly. 5 Tablet player behind Apple, Samsung, Amazon and Asus, according to data from IDC. Barnes & Noble had a 1.9 percent share of the worldwide tablet market in the fourth quarter, making it the No. Barnes & Noble recorded $21 million in returns due to weak demand during the holiday season, and $15 million in allowances for promotions. In its most recent quarter, which included the holiday season, Nook revenue fell 26 percent to $316 million. But aside from investor funding, it has not been profitable. publisher and education company Pearson PLC has a 5 percent stake. The company's Nook unit has attracted investors-Microsoft Corp. The retailer launched high-definition versions of its Nook HD and Nook HD+ tablets in September in an effort to better compete against 's Kindle Fire as well as other tablets like the iPad, iPad Mini and Google's own Nexus 7. Barnes & Noble also sells non-tablet e-book readers, the Nook Simple Touch and Nook Simple Touch with GlowLight, which will not offer Google Play.īarnes & Noble Inc., based in New York, has invested heavily in its Nook e-book readers and a digital library as more readers shift to electronic books and competition has grown from discount stores and online rivals. The 7-inch Nook HD starts at $199 and the 9-inch Nook HD+ tablet starts at $269. The prices and styles of the Nooks that Barnes & Noble offers are not changing. Google Play Music includes millions of songs as well. services like the Chrome browser, Gmail, YouTube and Google Maps. #Nook simple touch google reader updateThe update is automatic and will occur over-the-air to all devices connected to Wi-Fi. ![]() "This addresses the one perceived gap that we had with other tablets virtually overnight," he said. Lynch said the company had been in discussions with Google "on and off" for the past several years. "Consumer research showed us the breadth of applications available is really critical." "We saw coming off holiday the market moved to multifunction tablets," he said. And it comes after a weak holiday sales season for the Nook, which is struggling to gain market share in the rapidly expanding tablet market.ĬEO William Lynch said research and sales during the holidays show that consumer preference is shifting toward all-purpose tablets rather than simple e-readers. The move expands the number of apps available from the roughly 10,000 the Nook already offered in its own store-such as Angry Birds and Netflix-to 700,000-plus apps and games offered on Google Play. The bookstore chain says it will add Google's Play app store to its 7-inch (177.8-millimeter) Nook HD and 9-inch HD+ products in the U.S. The new device will cost 139, which is 40 more than the NOOK Simple Touch without GlowLight and 60 more than the cheapest Kindle, an ad-supported Wi-Fi version. ![]()
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