“Barnes & Noble Inc. is retreating from the intensely competitive tablet wars, after sustaining heavy losses,” Jeffrey A. Trachtenberg reports for The Wall Street Journal.
“The bookseller reported Tuesday that losses at its Nook digital business blew out in the fourth quarter, easily wiping out reduced profits generated at its bookstores,” Trachtenberg reports. “As a result Barnes & Noble said it would stop manufacturing its own color tablets, instead going with co-branded devices made by third-party manufacturers.”
Trachtenberg reports, “Barnes & Noble will continue to design and make its own black-and-white Nook e-readers. But the decision to look elsewhere for its color tablets marks the end of its efforts to compete on the tablet front with much deeper-pocketed technology companies as Apple Inc.”
Read more in the full article here.
MacDailyNews Take: Bloodbath.
[Thanks to MacDailyNews Reader “Double 07” for the heads up.]
Related articles:
More blood on Apple iPad’s touchscreen: HTC exits U.S. tablet market – October 10, 2012
More blood on Apple iPad’s touchscreen: LG quits tablet market – June 20, 2012
More blood on Apple iPad’s touchscreen: Beleaguered RIM axes 16GB PlayBook – June 8, 2012
More blood on Apple iPad’s touchscreen: Fusion Garage disappears – December 19, 2011
More blood on Apple iPad’s touchscreen: Dell kills Streak 7, backs out of Android tablets in US – December 5, 2011
More blood on Apple iPad’s touchscreen: Sharp pulls plug on main ‘Galapagos’ tablets – September 15, 2011
More blood on Apple iPad’s touchscreen: Dell’s Streak 5 tablet is dead – August 12, 2011
More blood on Apple iPad’s touchscreen: Plastic Logic abandons e-reader – August 11, 2010
Apple’s iPad has blood on its touchscreen: eReader-maker iRex files for bankruptcy – June 11, 2010
Poof! RIM’s vaporous Android-powered tablet evaporates – May 05, 2010
Poof! Microsoft’s vaporous ‘Courier’ slate PC evaporates – April 29, 2010
Poof! HP’s vaporous slate PC evaporates – April 28, 2010
Apple launches iPad; revolutionary device starts at $499 – January 27, 2010
