Barnes & Noble Giving Up on Hardware

Jeffrey A. Trachtenberg, reporting for the WSJ:

The bookseller said Tuesday that losses at its Nook digital business more than doubled in the quarter ended April 27, easily wiping out profits generated at its bookstores. As a result, Barnes & Noble said it would stop producing its own color tablets, in favor of co-branded devices made by third-party manufacturers.

Good luck with that.

Tuesday, 25 June 2013