Barnes & Noble's Nook Business Is Shrinking

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Wednesday, June 26, 2013
TRENDING STORIES IN MEDIA Amazon Lovefilm Adds 'The Good Wife,' 'Dexter' With CBS Deal Yahoo Sees 'Twinning' Ads as the Future 25 Digital Media Resources You May Have Missed ALL STORIES IN MEDIA Barnes & Noble's Nook Business Is Shrinking Tuesday, June 25, 2013 10:19 AM Lauren Indvik Tough times have hit Barnes & Noble, which released its fiscal 2013 fourth quarter and full-year earnings on Tuesday morning. Earnings were disappointing across the board: Fourth quarter revenues (for the period ending April 27) amounted to $1.3 billion, a 7.4% decline from the same period a year before. Net losses hit $122 million — a sharp rise from the $9.7 million in losses reported in fiscal 2012 Q4.		FROM AROUND THE WEB   TOP STORIES TODAY Apple's iTunes Grows by 500,000 New Accounts Daily Barnes & Noble's Nook Business Is Shrinking 12 Google Chrome Extensions for Content Discovery Hearst, Dr. Oz to Launch Print Magazine Next Year Adorable Seal Gets Whacked in Startling Shark Week Ad TOP TOPICS Watercooler 259 followers Video 4,471 followers Viral Video 1,262 followers Business 43,197 followers Mobile 5,901 followers Lifestyle 504 followers Gadgets 9,130 followers Apps And Software 1,489 followers Social Media 82,446 followers World 1,049 followers
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