Thursday, December 1, 2011

Barnes & Noble Nook business jumps 85% to $220 million

Barnes & Noble on Thursday reported its results for the second fiscal quarter of 2012, in which it revealed its Nook business has seen stellar growth over the last year. The company said that its Nook business, which includes sales of tablets, eReaders and eBooks, pulled in $220 million in the second quarter, up 85% from the same quarter last year. Barnes & Noble did not reveal how many Nook devices it sold during the quarter but said that it expects to sell “millions of devices” during the third fiscal quarter. B&N.com sales increased 17% year-over-year from $177 million to $206 million, but Barnes & Noble’s overall sales fell 0.6% from $190 billion in the second quarter last year to

Source: http://www.bgr.com/2011/12/01/barnes-noble-nook-business-jumps-85-to-220-million/

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