More Trouble for Barnes and Noble

Barnes & Noble has conceded that it cannot compete head-to-head with the iPad and the Kindle Fire.

Reporting a big loss at its Nook e-reader division that dragged down the company’s fourth-quarter results, Barnes & Noble said Tuesday that it would no longer make its own color tablets. Instead, it will work with third parties, which will make the devices in exchange for co-branding opportunities.

More here:http://dealbook.nytimes.com/2013/06/2...


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