Bad News for the Nook?
Barnes & Noble announced today that they're getting out of the manufacturing business. It is their intent that in order to cut losses, they won't make any more Nooks. They'll design them, make apps for them, support them with their catalog, but won't build them without outside help. Here's the original text: 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 e...