US bookseller Barnes & Noble said a couple of days ago that its Nook e readers are the biggest-selling items in its history. It also said that sold nearly 1 million e-books on Christmas Day. Click here to read the press release from the company which includes the following…
Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today announced that with millions of NOOK eReading devices sold, the line has become the company’s biggest bestseller ever in its nearly 40-year history. The new NOOKcolor Reader’s Tablet, introduced just eight weeks before Christmas, is the company’s number one selling gift of the holiday season. Barnes & Noble also announced that it now sells more digital books than its large and growing physical book business on BN.com, the world’s second largest online bookstore. With its growth across device and NOOKbook™ sales over the critical holiday selling season, Barnes & Noble has successfully established itself as a leader in digital reading.
The curve we are in with sales of physical books versus digital is similar to the curve we saw with music five or six years ago. What is different this time is that key retailers are riding the wave rather than scrambling to catch up.
When I first started writing about tablet computers a few years ago, some in the newsagency channel derided me. History is proving that I was right in saying that these devices would significantly impact how we operate.