Barnes and Noble expects an increase in loss
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POSTER: computer news || BARNES AND NOBLE EXPECTS AN INCREASE IN LOSS |
DATE:2013-02-15 |
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At the beginning of the calendar year, Barnes & Noble company has admitted that its revenue from sales of Nook product for the last nine weeks 2012 decreased by 12.6% compared to the same period last year. This week, Barnes & Noble warned investors and shareholders that the losses in the direction pf Nook following 2013 financial year should be more than in the fiscal year 2012. The results of operations for the third quarter 2013, the company will report on 28 February this year. Revenue for 2013 financial year will not exceed $ 3 billion Obviously, similar to Amazon's business model does not allow Barnes & Noble to get enough money for successful development. Typically, a device for reading e-books are sold at cost or even below it, and income bookstores receive from the sale of electronic publications and related services. Amazon managed to achieve success within this business model, Barnes & Noble is losing ground. | ||
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BARNES AND NOBLE EXPECTS AN INCREASE IN LOSS |
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