Late last week
Barnes & Noble, Inc announced that it will no longer be producing most of the NOOK line of tablets on their own, bowing out of competition with Apple, Google, and Amazon.com for the battle of
the e-book reader. Less that favorable annual earnings topped the list of reasons why the company will no longer be producing the Nook color.
It is no surprise when you consider that the Nook’s losses before interest and other costs was more than $450 million, soaring over last year’s…