“Barnes & Noble Inc. lifted the wraps Monday on a new tablet device for its Nook family of electronic readers, a move the retailer hopes will keep it competitive against rivals in the market such as Amazon.com and Apple Inc.,” Dan Gallagher and Andria Cheng report for MarketWatch.
“Similar in design to the Nook Color that hit the market last year, the Nook Tablet features a faster processor and high-definition [7-inch] touch screen, as well as double the memory of its 8-gigabyte predecessor, with a slot that can expand that capacity by another 32GB,” Gallagher and Cheng report. “The Nook Tabet has been priced at $249, and the company said it will be available near the end of next week.”
Gallagher and Cheng report, “Barnes & Noble CEO William Lynch criticized the new device from his archrival as ‘deficient as a media tablet’ and described his company’s approach as more open, given that Barnes & Noble does not have a large base of other services it is trying to sell through its device. ‘The Kindle Fire is a vending machine for Amazon’s services. They are trying to lock consumers into their ecosystem,’ Lynch said at the Manhattan event. ‘We created this category of a hybrid tablet, so we know what people want to do with them. In a word, we are more open.'”
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Barnes & Noble expected to unveil 7-inch Nook Tablet on Monday – November 6, 2011