
Barnes & Noble's Nook Division Loses Money, But Pledges a New Device is Coming
Barnes & Noble’s Nook division did not have a very good holiday quarter, but that isn’t stopping the retailer from believing in the brand. In the latest quarterly report from Barnes & Noble, the company revealed that its Nook division saw revenues of $157 million, a decrease of 50.4 percent from year ago quarter. Of that amount, two-thirds came from hardware sales, but despite...