Barnes & Noble predicts severe slump in Nook salesFebruary 15, 2013 - 21:22 AMT PanARMENIAN.Net - Barnes & Noble has predicted that its Nook tablet line will see further decline in 2013, according to a report, Digital Spy said. Reuters claims that the American bookseller believes the hardware range's losses will top the $262 million (£170 million) it haemorrhaged in 2012. Nook e-readers first entered the market in 2009, bringing competition to Amazon's Kindle line, but the devices have struggled to compete with the influx of mid-range tablets such as the Google Nexus 7 and the iPad mini. Barnes & Noble's most recent hardware, the 7-inch Nook HD and 9-inch Nook HD+, have failed to claw significant market share away from the market leaders. With new mid-range tablets rumoured to be in the works at Samsung and Microsoft as well as second-generation models of the Nexus 7 and iPad mini, the retailer faces an uphill struggle to reverse its fortunes. Barnes & Noble will reveal its third-quarter financial results on February 28. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |