As Tablets Boom, E-Readers Feel the Blast
One thing appeared certain when Barnes & Noble announced Thursday how much money its Nook e-readers brought in over the past three months: The news would be lousy.
And it was. Revenue from the company’s Nook division for its fiscal 2013 third quarter declined 26% from the same period a year ago, primarily as a result of slumping sales of the devices.
Is the bookseller just losing ground to rival Amazon and its market-leading line of Kindles? Perhaps. But many tech analysts see something else happening: the booming market for tablet computers