Saturday, March 23, 2013

BlackBerry Z10 sales may be better than expected, but shares still plummet

(Reuters) - Barnes & Noble Inc said on Friday it would give away a free Nook Simple Touch e-reader to any customer who buys its high-definition Nook HD+ tablet next week, a sign it may still be grappling with excess inventory of the unpopular e-reader. The top U.S. bookstore chain last month reported poor holiday quarter results for its Nook business. Overall revenue fell 26 percent as it sold fewer devices, losing ground to products like Apple Inc's iPad and Amazon.com Inc's Kindle, and the Nook business' loss doubled. The offer is available from March 24 to March 30. ...

Source: http://news.yahoo.com/blackberry-z10-sales-may-better-expected-shares-still-194029371.html

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