Barnes & Noble unveils $199 Nook Tablet

Feb 21, 2012
US bookseller Barnes & Noble unveiled a new version of its Nook tablet computer Tuesday, a device with the same $199 price tag as Amazon's Kindle Fire.

US bookseller Barnes & Noble unveiled a new version of its Nook tablet computer Tuesday, a device with the same $199 price tag as Amazon's Kindle Fire.

The seven-inch (17.78-centimeter) also has eight gigabytes of memory like the tablet released by online retail giant Amazon in November.

Apple's cheapest iPad costs $499. Barnes & Noble released a $249 Nook Tablet with 16 gigabytes of memory in November.

Barnes & Noble also said it was slashing the price of its Nook Color electronic book reader to $169 from the current $199.

The New York-based also announced its fiscal third-quarter results on Tuesday.

The company said its net profit fell to $52 million in the quarter compared to $60.6 million in the same quarter a year ago. Revenue was up five percent at $2.4 billion in the quarter which ended on January 28.

"Our physical book sales at our stores increased more than four percent over last year," Barnes & Noble chief executive William Lynch said in a statement.

"Our Nook digital content business continues to grow rapidly," Lynch added. "According to some of the largest US publishers, we maintained or slightly gained share in the e-book market during the third quarter."

Barnes & Noble said sales of digital content and Nook tablets and e-readers rose 38 percent during the quarter to $542 million.

Explore further: Google challenges nonprofits on ideas to use Glass

add to favorites email to friend print save as pdf

Related Stories

Barnes & Noble's unveils $249 Nook Tablet

Nov 07, 2011

Barnes & Noble unveiled a $249 Nook Tablet Monday just ahead of the crucial holiday shopping season as the book retailer fights for a larger share of the lucrative e-book market.

Barnes & Noble adds apps to Nook e-reader

Apr 25, 2011

Barnes & Noble Inc. on Monday added an applications store and an email program to its Nook Color e-reader, bringing the $249 device closer to working like a tablet computer in the vein of the iPad.

Barnes & Noble cuts price for Nook

Jun 21, 2010

(AP) -- Barnes & Noble cut the price on its original Nook electronic reader, undercutting its chief competitor, Amazon.com's Kindle, and will also offer a lower-price Nook with a Wi-Fi connection.

Recommended for you

Japan's digital eyes show your emotions for you

Apr 21, 2014

Can't be bothered to show anyone what you're thinking? Then a Japanese scientist has the answer—a pair of digital eyes that can express delight and anger, or even feign boredom.

Review: With Galaxy S5, Samsung proves less can be more

Apr 20, 2014

Samsung Electronics Co. has produced the most formidable rival yet to the iPhone 5S: the Galaxy S5. The device, released over the weekend, is the fifth edition of the company's successful line of Galaxy S ...

Five features an Amazon phone might offer (Update)

Apr 18, 2014

A report this week in The Wall Street Journal that Amazon is planning to release a smartphone has prompted industry analysts and technology blogs to muse about what the device might offer.

User comments : 0

More news stories

US urged to drop India WTO case on solar

Environmentalists Wednesday urged the United States to drop plans to haul India to the WTO to open its solar market, saying the action would hurt the fight against climate change.

Is nuclear power the only way to avoid geoengineering?

"I think one can argue that if we were to follow a strong nuclear energy pathway—as well as doing everything else that we can—then we can solve the climate problem without doing geoengineering." So says Tom Wigley, one ...