Kobo objects to potentially “devastating” Competition Bureau agreement on agency pricing
By analogy, in the US, when Agency Lite was brought into existence, Kobo saw its net revenues steadily decline. Kobo has since stopped investing in marketing in the US, closed its office in Chicago and is focusing on other markets. Its market share and revenues are now negligible there.
Boldfaced emphasis added by me.
Well, there it is. What I’ve thought was the case for at least the past year.
B&N’s Nook division goes into a death-spiral of losses.
Sony pulls out and sends it eBook customers to Kobo.
Now Kobo is saying it has basically written off the American market.
That leaves Amazon as undisputed winner.
Tell me again how ePub 3 is going to save everyone from Amazon…
Multiple reports out of China — which should be considered official leaks from Microsoft because that’s how the Chinese roll — indicate that the long-rumored Nook RT is still coming [Google Translate, Google Translate, Google Translate].
Or at least a cheap Windows RT tablet is.
Microsoft hasn’t given up its goal of
shoving RT down the throats an OS running on an ARM CPU and has decided to partner with Inventec and Allwinner.
Inventec does crappy industrial design.
Allwinner makes second-tier CPUs that require cheating at AnTuTu to sell as tablets.
Photos taken yesterday Friday November 8, 2013. Resampled and resized to VGA, click any to enlarge.
In between having to do other things in Manhattan yesterday, I popped into the Barnes & Noble I usually go to and fondled the new Nook Glowlight.
It’s fitting that Barnes & Noble (or Nook Media, or whoever the hell they are now) made this latest eInk Nook device white.
White like a tombstone.
They did away with the microSD card slot. Thus making the prior model more useful to people than this one.
This isn’t even worth my time to grab someone else’s photo. Go see it here:
Engadget: Barnes & Noble’s Nook GlowLight is lighter, brighter, whiter, with less Simple Touch for $119
The Verge: Barnes & Noble’s new Nook GlowLight is lighter, faster, and full of ideas
Techcrunch: Barnes & Noble Outs The $119 Nook GlowLight, We Go Hands-On
Barnes & Noble Reports Fiscal 2014 First Quarter Financial Results
The NOOK segment, which consists of the company’s digital business (including devices, digital content and accessories), reported revenues of $153 million for the quarter, a decrease of 20.2% from a year ago. Device and accessories sales were $84 million for the quarter, a decrease of 23.1% from a year ago, due to lower unit selling volume. Digital content sales were $69 million for the quarter, a decline of 15.8% compared to a year ago, due in part to lower device unit sales as well as the comparison to The Hunger Games and Fifty Shades of Grey trilogies. Excluding the impact of these two titles, digital content sales decreased 6.9%.
ROI for Microsoft’s dollars or a sign of a Microsoft acquisition of Nook Media after all?
Same-day update: Nope, it’s part of a two-tweet promo. I missed the first tweet:
An unplanned trip to Manhattan today. Stopped in some stores and pawed at or just looked at a few things. All photos have been resized any resampled to VGA; click any to enlarge.
That’s the new Acer eight-inch full Windows 8 tablet. I don’t think that’s going to sell big. At eight inches, a 4:3 screen would be better. And the screen itself is a bit hinky, with colors going all weird when not viewed head-on. The one shot of the screen I have I can’t run because my mug is prominently reflected in it.
Yes, I’m a day late. No one bothered to at-me on Twitter, so I found out today via A Kindle World blog (the irony, does it burn?).
March 28, 2013: Nook Media’s William Lynch Should Resign
July 8, 2013: Chief Leaves Barnes & Noble After Losses on E-Readers
To use a phrase that may or may not have been used in the Old West: Well now, that’s just yellow of him.
The Barnes & Noble investor conference call this morning was one for the, um, books.
It was short, lasting about forty minutes, had few questions — none of which were hard-hitting — and was punctuated by moments of silence. I still don’t know if that silence was due to technical problems or if Lynch & Co. were hitting the Mute button on their speakerphone.
I told all of you back on March 29: All Nook Tablets Are Now Orphan Devices
And now here we are:
Barnes & Noble Reports Fiscal 2013 Year-End Financial Results
And the color Nooks are dead:
The company plans to significantly reduce losses in the NOOK segment by limiting risks associated with manufacturing. Going forward, the company intends to continue to design eReading devices and reading platforms, while creating a partnership model for manufacturing in the competitive color tablet market. Thus, the widely popular lines of Simple Touch and Glowlight products will continue to be developed in house, and the company’s tablet line will be co-branded with yet to be announced third party manufacturers of consumer electronics products. At the same time, the company intends to continue to build its digital catalog, adding thousands of eBooks every week, and launching new NOOK Apps.
Boldfaced emphasis added by me.
So where does that leave them?