Barnes & Noble Pulls Back From Tablets
JUNE 26, 2013 • After posting a $118.6 million loss for the quarter ending April 30th, including a $18.3 million impairment charge on a 34% drop in sales of its tablet hardware, Barnes & Noble has made the decision to cease manufacturing its Nook Color devices. This follows a $133 million fourth-quarter write-down for unsold tablets, and a total $222 million write-down for the entire 2013 fiscal year. Unable to boost sales during the holidays, Barnes & N.....