From Digital Book World:
Revenues from its Nook device and digital content division increased by nearly $10 million in its second-quarter, but Barnes & Noble couldn’t stop the bleeding for the unit as it continued to pile on the losses.
While revenue increased for Barnes & Noble’s Nook to $160.3 million from $151.8 million in the same period a year prior, losses also increased to $51.4 million from $50.8 million a year ago. At the same time, digital content sales were up 38% versus the same quarter last year.
“We believe we maintained our healthy 25% to 30% share in digital books,” in the quarter, said Barnes & Noble chief executive William Lynch on a conference call discussing the earnings. On a related note, he estimated Amazon’s UK ebook market-share to be above 90%.
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Matching Amazon’s growth in Kindle unit sales, sales of Nook devices doubled over the “black Friday” holiday shopping weekend, Lynch said. These sales will be reflected in the company’s third-quarter earnings.
Link to the rest at Digital Book World