Barnes & Noble reports Q2 2013 earnings: digital content sales up 38%, Nook unit rakes $160 million

Barnes & Noble's Nook unit didn't have its greatest quarter. The $160 million in revenue the new Microsoft-backed spin off raked in was slightly better than last year's $152 million, but still a significant drop from $220 million. In a sign of the growing ubiquity of e-readers however, digital content sales were up 38 percent while the units overall revenue was up just 6 percent. Of course the Nook is still losing money, having cut $51 million from the company's bottom line. If you step outside of the digital realm things are looking slightly better for the book purveyor, as profits were up to $65 million -- a 15.6 percent increase over the same time period last year. As we enter the holiday season things should start to look up for B&N and there were good signs during the four day shop-stravaganza from Black Friday to Cyber Monday as sales of Nook hardware doubled from last year. For all the fun financial details hit up the source.Continue reading Barnes & Noble reports Q2 2013 earnings: digital content sales up 38%, Nook unit rakes $160 millionCommentsVia: TechCrunchSource: Barnes & Noble Continue reading at 'Engadget'

[ Engadget | 2012-11-29 00:00:00 UTC ]
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Slate’s Most Viral Stories of 2013

Last week I shared the 10 most popular Slate stories from 2013, a list that paints with a broad brush about the stories our readers loved the most. Now it’s time to dig deeper to reveal which pieces were the most popular on our three strongest social networks: Facebook, Twitter, and Reddit. As... Continue reading at Slate

[ Slate | 2013-12-28 00:00:00 UTC ]
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Report: Snapchat exploits can steal your private info, expose you to spam

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[ Engadget | 2013-12-27 00:00:00 UTC ]
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[ The Bookseller | 2013-12-27 00:00:00 UTC ]
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[ The Guardian | 2013-12-27 00:00:00 UTC ]
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[ AdWeek | 2013-12-23 00:00:00 UTC ]
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[ Fast Company | 2013-12-23 00:00:00 UTC ]
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[ The Guardian | 2013-12-20 00:00:00 UTC ]
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[ Wired | 2013-12-19 00:00:00 UTC ]
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[ Folio Magazine | 2013-12-19 00:00:00 UTC ]
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[ Publishers Weekly | 2013-12-19 00:00:00 UTC ]
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[ The Guardian | 2013-12-18 00:00:00 UTC ]
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[ The Christian Science Monitor | 2013-12-18 00:00:00 UTC ]
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