B&N To Keep Selling Nook Tablets This Year While It Transitions To Licensing Its Ebook Brand

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The Nook is on life support. Device sales are down. Digital content sales are down. Revenue is down. Things look bleak, but B&N plans to keep its current crop of tablets around at least through 2013.

Today in its 2013 year-end report, Barnes & Noble detailed the sad state of the Nook but said it will continue offering the Nook HD and Nook HD+ through the holidays. The company will also continue to support the devices in retail stores. However, things are about to change dramatically with the Nook brand.

B&N briefly detailed an upcoming licensing deal that’s designed to “significantly reduce losses in the NOOK segment by limiting risks associated with manufacturing”. According to the news release today, B&N is teaming up with a yet-to-be announced 3rd party that will manufacture the Nook tablets, which will then be co-branded with B&N and the 3rd party.

“Our Retail and College businesses delivered strong financial performances in fiscal year 2013,” said William Lynch, Chief Executive Officer of Barnes & Noble, said in a released statement today. “We are taking big steps to reduce the losses in the NOOK segment, as we move to a partner-centric model in tablets and reduce overhead costs. We plan to continue to innovate in the single purpose black-and-white eReader category, and the underpinning of our strategy remains the same today as it has since we first entered the digital market, which is to offer customers any digital book, magazine or newspaper, on any device.”

The Kindle’s success clearly states that consumers want e-book readers, and despite B&N’s huge retail footprint, the company’s early success in the segment didn’t translate to a long-term win. It’s clear, with a year of declining sales data, the bookseller isn’t offering a product that interests its customers.

Barnes & Noble Is Going to Stop Making Nook Tablets

Barnes & Noble Is Going to Stop Making Nook Tablets

Barnes & Noble has announced that it’s going to leave manufacturing of its Color tablet line up to third party manufacturers.

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Borderlands 2 Tiny Tina DLC Now Available On PC, PS3, Xbox 360

Borderlands 2′s Tiny Tina’s Assault on Dragon Keep is available today on PC, PS3 and Xbox 360 for $10.

Like It , +1 , Tweet It , Pin It Original content from Ubergizmo.

    

Fishbots require less maintenance than the real thing

You know that famous aquarium screensaver that we have come to know and love, especially for all of you Windows users? Well, it seems that there is the quantum leap that you can take when it comes to fake fish swimming around. Instead of having them appear on your LCD monitor in an aquarium that does not require any kind of cleaning or maintenance, how about getting the $49.95 Illuminated Fish Bots to help spruce up your home? This pair of illuminated robotic fish will be able to offer the kind of ambient light in a pool as they go about their business of swimming autonomously.

Not only that, this pair will reproduce the exotic characteristics of lionfish, boasting flexible, elongated dorsal and pectoral fin rays as well as contrasting purple, blue, and orange color bands. It is the ideal tool to deliver a whimsical diversion at nighttime pool parties, as blue LEDs which have been housed in the bulbous eyes and fins will deliver the kind of illumination required as each of them goes about their business, swimming just below the water’s surface alongside a reciprocating tail fin. They will need three AA batteries apiece to work, otherwise they would just sink to the bottom of the pool. Best of all is, there is no muck, slime or poo for you to clean up after them.
[ Fishbots require less maintenance than the real thing copyright by Coolest Gadgets ]

NeverWet Makes Stuff Never Gets Wet

If you’re a bit of a klutz, then it might be a good idea for you to go through measures to prevent the damage that might arise from all your klutziness. One of these is by spraying stuff that you want to keep dry with NeverWet.

NeverWet

NeverWet is a neat system that lets you thoroughly liquid-proof stuff that might otherwise get stained if you spill something on them or get them wet, like suede shoes or sneakers. It’s dubbed as a “superhydrophobic” coating that’ll cause liquids to just glide off of the surfaces of objects that have been treated with it.

The entire coating process will take over an hour to complete. First, you have to spray on the base coat, which will take 30 minutes to dry. Then you have to spray it all over with the top coat, which will take another 30 minutes to dry. The only real downside is that NeverWet will dry with a frosted appearance, although a clear-drying version is currently being developed.

[via C|NET]

8 Designs That Rethink the Way We’re Buried

8 Designs That Rethink the Way We're Buried

The way we bury our dead hasn’t changed much over the past two thousand years. But it needs to change soon, according to a group of designers, philanthropic foundations, and funeral directors who sponsored a recent design competition to rethink burial traditions in the face of emerging problems with the status quo. It’s a less less macabre concept than it sounds.

Read more…

    

Super-sick crushworthy cars: Measuring horsepower in millions

Vencer Sarthe: This Dutch two-seater has a top speed of 202.6 mph.

(Credit: Vencer)

When Britain’s Salon Prive luxury car fair opens in September, visitors will get a chance to gawk at the Vencer Sarthe, a new hand-built supercar from the Netherlands. We’re already planning to sneak in.

The Sarthe is one of many ridiculously crushworthy cars we wish we could afford, along with our recent fantasizing about $8 million gold speakers, luxury timepieces, and diamond-encrusted tablets and smartphones.

The Sarthe was named after the Circuit de la Sarthe course, a famed venue of the 24 Hours of Le Mans race. It has a 510-horsepower, 8-cylinder engine; six-speed manual gearbox; and a top speed of 202 mph. It can do 0 to 62 mph in 3.8 seconds.

The chassis is high-grade tubular steel and body panels of lightweight carbon. Inside, the cockpit is hand-stitched black leather surrounding a wide LCD instrument cluster in the center.

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Barnes & Noble Reports $118.6M Loss On Revenue Of $1.3B In Q4, Plans To Open Nook Brand To Tablet OEMs

Nook HD Nook HD+

Barnes & Noble reported its fiscal fourth quarter earnings this morning, and the financials make it clear that the company is still struggling to figure out how it fits into the larger digital reading ecosystem. All told, BN reported a quarterly net loss of $118.6 million (compared to $56.9 million from the year ago quarter) which works out to a loss of $2.11 per share on $1.3 billion in revenue.

Analysts weren’t expecting much going into this quarter (and BN’s own anemic guidance from Q3 didn’t inspire much confidence): the consensus according to Bloomberg was for the company to report a loss of $0.96 per share on $1.3 billion in revenue. They also predicted a 4% drop in annual revenue for the company, which was just about right on the money — the company reported $6.8 billion in revenue for fiscal 2013, as well as a corresponding loss of $154.8 million.

Ouch.

BN’s retail business didn’t look too hot this time around, as quarterly revenue was down 10% year-over-year to $948 million (though the company cites the strength of series like Hunger Games and Fifty Shades of Grey as inflating last year’s numbers). That may not be BN’s problem for too much longer though, as company founder Leonaro Riggio started openly opining on the notion of buying back the company’s 689 brick-and-mortar stores (not to mention bn.com) back in February. Should the transaction eventually come to pass — which is by no means a given — Barnes & Noble will effectively be left with its Nook Media business.

Meanwhile, Nook Media (which BN owns 78% of after you factor in Microsoft and Pearson’s stakes) continues to look like a real stinker this quarter. It reported a relatively scant $108 million in quarterly revenue, which represents a staggering 34% drop from the year-ago quarter.

The intensity of that dip is surprising, but not to some — some analysts have pegged the sales slump on the fact that Nook tablets lacked the productivity acumen and app access to compete with other low-cost devices. Barnes & Noble finally managed to fix that this past May by striking a deal with Google to fold Google Play Store access and a few stock Android applications like Gmail and Chrome into Nook tablets, while simultaneously trying to jump-start Nook sales by announcing slashed nook prices put in place for Fathers’ Day will stay in effect for the foreseeable future.

What is new is that Barnes and Noble is looking to open up the Nook brand to other OEMs itching to make their own tablets. The company will continue to offer its own first-party e-readers like the Simple Touch series as time goes on, but in a bid to minimize the risk inherent to churning out tablets in a crowded market, BN is leaving that work to third-party manufacturers. There’s no word yet on exactly when the company will officially kick off its so-called partnership program (though I suspect they’re already in talks with some OEMs), but it seems likely that the existing Nook HD and HD+ will be the last to bear BN’s fingerprints. Don’t expect them to disappear completely just yet though — they’ll be around at least through the holidays.