Barnes and Noble Carves a Nook in the Ereader Market Cris Ferguson Furman University, [email protected]

Total Page:16

File Type:pdf, Size:1020Kb

Barnes and Noble Carves a Nook in the Ereader Market Cris Ferguson Furman University, Cferguson13@Murraystate.Edu Against the Grain Volume 22 | Issue 1 Article 40 February 2010 Technology Left Behind -- Barnes and Noble Carves a nook in the eReader Market Cris Ferguson Furman University, [email protected] Follow this and additional works at: https://docs.lib.purdue.edu/atg Part of the Library and Information Science Commons Recommended Citation Ferguson, Cris (2010) "Technology Left Behind -- Barnes and Noble Carves a nook in the eReader Market," Against the Grain: Vol. 22: Iss. 1, Article 40. DOI: https://doi.org/10.7771/2380-176X.5870 This document has been made available through Purdue e-Pubs, a service of the Purdue University Libraries. Please contact [email protected] for additional information. Technology Left Behind — Barnes and Noble Carves a nook in the eReader Market Column Editor: Cris Ferguson (Electronic Resources/Serials Librarian, James B. Duke Library, Furman University, 3300 Poinsett Highway, Greenville, SC 29613; Phone: 864-294-2713) <[email protected]> n October 20, 2009, Barnes & Noble Rik Fairlie recently conducted a head-to- on February 3, 2010 was estimated to arrive unveiled nook, its response to the head comparison of the three major eBook on February 12, 2010 with free shipping. OKindle and other eBook reading de- readers on the market: nook, Kindle and Barnes & Noble is taking great advan- vices. B&N’s foray into the eBook market, Sony Reader. Fairlie’s review, which can be tage of its retail locations to market nook, which includes the purchase of the eBookstore found in the January / February 2010 issue of offering live in-store demonstrations of the Fictionwise in March 2009, is part of the Money, names nook as its top pick. Reasons device. B&N superstores are all supposed company’s overall strategy to keep it competi- for this decision include the number of titles to have large nook displays, as well as 17 of tive in the book selling industry, both print and available, both paid and freely available, and B&N’s college bookstores. Having a dedi- electronic. While the device is often referred the navigation that is facilitated by the LCD cated retail presence gives Barnes & Noble to as “the Nook,” Barnes & Noble specifi- touchscreen. a distinct advantage over its competitors in cally uses a lowercase “n” when marketing As the review points out, Barnes & Noble the e-reader device market. Customers can the device and does not use the article “the” has a much larger library of eBooks available explore the device and put it through its paces to refer to nook. for purchase and access, over one million titles before purchasing, something that is difficult In terms of their basic functionalities, nook compared to Amazon’s almost 400,000. In to do with the Kindle unless you know some- and the Kindle are quite similar. Both have addition, nook can display the EPUB format, one who owns one. Unfortunately, nook is a six-inch E-Ink display and weigh less than enabling users to download titles from Google not actually available for sale in B&N stores. a pound. (nook weighs about an ounce more and from their public library. Kindle does not A B&N bookseller will, if you ask, order the than the Kindle.) They each have 2GB of support the EPUB format at this time, mean- device for you through the B&N Website and built-in memory, carrying up to 1500 eBooks. ing that far fewer free eBooks are accessible have it shipped to your house, but you cannot Both have built-in dictionaries and permit to Kindle users. leave the store with device in hand. users to bookmark pages and make notes. Another notable difference between the I visited my local B&N to check out nook Overall, nook is quite comparable in dimen- Kindle and nook is the capability to lend out for myself. At my B&N, the nook display sion and capabilites to the Kindle. eBook content. Through its LendMe program, featured prominently at the store’s customer However, there are notable differences Barnes & Noble allows nook owners to service desk. Two nooks, firmly anchored to that make nook stand out from the crowd lend eBook content to anyone with a nook, the counter via secure cables, were available to some degree. Instead of a keyboard, PC, Mac, iPhone, or other smartphone. The for testing, and big light-up signs proudly nook features a small, full-color, back-lit recipient need only have the B&N reader proclaimed nook’s arrival. Overall, I found touchscreen. Located just below the E-Ink installed on his or her device. the device to be remarkably similar to the display, the touchscreen, which was designed The Barnes & Noble eReader, which is Kindles my library has purchased. However, with navigation in mind, allows users to scroll freely available via the B&N Website, is a I must express my preference for nook. I was through books and magazines by title or by proprietary application that permits users to completely won over by the touchscreen and cover art. Essentially occupying the same read Barnes & Noble eBooks on devices such the navigational capabilities it offered. piece of real estate that the Kindle’s keyboard as the ones mentioned above. It should be noted that the battle for a does, nook’s touchscreen can also be used as It must be noted that the LendMe feature share of the eBook reader market is far from a virtual keyboard for searching purposes. has some pretty significant limitations. First, over. While this column was in progress, a One notable disadvantage to the touchscreen not all titles are available through the pro- new player entered the arena with the release is its drain on nook’s battery. Perhaps to help gram. Publishers may choose to opt out of of iPad. Unveiled on January 27, 2010, compensate for this, nook has a replaceable LendMe, making their content unavailable for Apple’s much anticipated tablet device is set battery, which the Kindle does not. lending. In addition, each eBook may only be to start shipping in April 2010. The iBook According to the Barnes & Noble Web- lent out for 14 days, during which time it is not application will enable users to browse the site, in addition to the 2GB of internal available to the lender. Lastly, an eBook may iBook store, which boasts content from five memory, nook offers expandable storage, only be lent out only once. If the recipient major publishers. Pricing will start at $499 accommodating a 16-GB microSD card. The isn’t able to read the book completely during for a 16 GB model. More than just an eB- device can also be used as an MP3 player the 14 day loan period, the eBook cannot be ook reader and MP3 player, the iPad could for music or audio books, holding up to 26 lent to them, or anyone else, again. certainly give both the Kindle and nook a hours of audio. run for their money. nook and all its features can be yours for There are certainly features that the Kindle the price of $259, which is, not coincidentally, Resources offers that nook does not. For example, the the exact price of the Kindle2. Pricing for the Kindle accepts Word files and includes a eBooks themselves are also quite simi- Baig, Edward C. “Wrinkles mar ar- rudimentary Web browser, neither of which lar. Both Amazon and Barnes & rival of Barnes & Noble’s Nook.” USA Today. is available on nook. Noble charge $9.99 for most (12/10/2009): Money section, 05b. Like the Kindle, nook uses AT&T bestsellers. Carnoy, David. “Is Barnes & Noble’s Nook 3G wireless. Barnes & Noble also nook officially began a Kindle Killer?” in Crave. CNET News. (Oc- makes free Wi-Fi available within shipping at the begin- tober 20, 2009). http://news.cnet.com/8301- its stores. The Wi-Fi connection ning of December, and 17938_105-10379125-1.html within B&N stores enables there were reports of Carr, David. “To Deliver, iPad Needs nook customers to “com- some shipping delays Media Deal.” New York Times. (January 31, pletely browse any eBook before the holidays. 2010). http://www.nytimes.com/2010/02/01/ B&N is carrying while also Those problems appear business/media/01carr.html offering exclusive content to to have been rectified at Fairlie, Rik. “How the E-Readers Stack nook users.” (Milliot) this point. A nook ordered continued on page 85 Against the Grain / February 2010 <http://www.against-the-grain.com> 81 Future Tense from page 84 A consortial-level project team (or teams) could ameliorate this. With a number of libraries in need of project work, a team of this nature could be kept busy full-time, rotating its services among members. No individual library would bear the cost of retaining such a staff full-time, but all would be able to draw upon its capacity as needed. A similar approach could be used to amortize curation, preservation, and digitization expertise and capacity across the entire shared collection. Many libraries and consortia, of course, have already recognized and seized these opportunities: • The University of California’s Shared Cataloging Program and California Digital Library have distributed high- level skills across the entire UC system. Its Next Generation Technical Services initiative seeks to bring those operations to the UC network level. • Shared offsite storage facilities like could be sung, listened to, or performed, when Harvard/MIT’s, Colorado PASCAL Back Talk lady librarians couldn’t wear nice clothes or and a host of others have reduced costs from page 86 use make-up, when opinions could not be and collection redundancies.
Recommended publications
  • On the Interoperability of Ebook Formats
    It is widely seen as a serious problem that European as well as international customers who have bought an ebook from one of the international ebook retailers implicitly subscribe to this retailer as their sole future ebook On the Interoperability supplier, i.e. in effect, they forego buying future ebooks from any other supplier. This is a threat to the qualified European book distribution infrastructure and hence the European book culture, since subscribers to one of these of eBook Formats ebook ecosystems cannot buy future ebooks from privately owned community-located bricks & mortar booksellers engaging in ebook retailing. This view is completely in line with the Digital Agenda of the European Commission calling in Pillar II for “an effective interoperability Prof. Christoph Bläsi between IT products and services to build a truly digital society. Europe must ensure that new IT devices, applications, data repositories and services interact seamlessly anywhere – just like the Internet.” Prof. Franz Rothlauf This report was commissioned from Johannes Gutenberg University Johannes Gutenberg-Universität Mainz – Germany Mainz by the European and International Booksellers Federation. EIBF is very grateful to its sponsors, namely the Booksellers Association of Denmark, the Booksellers Association of the Netherlands and the Booksellers Association of the UK & Ireland, whose financial contribution made this project possible. April 2013 European and International Booksellers Federation rue de la Science 10 – 1000 Brussels – Belgium – [email protected]
    [Show full text]
  • E-Books on the Mobile E-Reader
    Mobile Information Systems 9 (2013) 55–68 55 DOI 10.3233/MIS-2012-0148 IOS Press E-books on the mobile e-reader Chulyun Kim, Ok-Ran Jeong∗, Jaehyuk Choi and Won Kim Department of Software Design and Management, Gachon University, Seongnam, Korea Abstract. The market for e-books has been established during the past several years. Many e-book readers are commercially available, and millions of e-book titles are available for purchase or free download. E-paper technology has matured enough to be used as the screen for dedicated e-book readers which make reading possible with the familiar feel of reading printed books. In this paper, we provide a comprehensive review of the status of the e-book, including the architecture and features of e-book readers, market adoption and e-book industry ecosystem. Keywords: E-book, e-paper technology, e-book reader, e-book industry ecosystem 1. Introduction A book organizes texts and images. As texts and images can be stored and retrieved from computers in digital form, the emergence of e-books is only natural. An e-book (electronic book) is a book that is stored in digital form and read on a mobile e-book reader. There are two types of e-book reader: a dedicated e-book reader (such as Amazon’s Kindle, Sony’s PRS Reader), and a multi-function computing device (such as a PC, a tablet computer, a PDA, a smart phone). (Henceforth, we will use the term “e-book reader” to mean either type where a distinction is not necessary.) Figure 1 shows an Amazon Kindle e-book reader.
    [Show full text]
  • The New Books - Electronic and Portable Tihomir Stefanov1, Milena Stefanova2
    The New Books - Electronic and Portable Tihomir Stefanov1, Milena Stefanova2 Abstract –The report presents the status and prospects of A. Advantages: development of the book. A research study on current formats and devices for publishing, reading and exchange of electronic - Lower contents price: no printable technologies required books has been carried out. for its production; - Space economy – small size and weight irrespective of the Keywords – Books, Electronic Books, Digital Rights book volume; Management, Tablet. - Unlimited quantity –- the reader can carry about 17 000 headings at a time; I. INTRODUCTION - Unlimited circulation – no extra charges on additional issues, no old stock quantities of printed books; The electronic book is an electronic version of the - The electronic books are not liable to natural wear and traditional printed books. It can be read on a personal tear; computer, a mobile device or a specialized electronic reading - Nature conservation – it is a lot nicer to read an electronic device. The e-Book (electronic book) as a concept is also used book under the shade of a tree, rather than have it printed out to signify an electronic reading device for books in an of wood-fibre. electronic format. - Interactive approach – the possibility of combining text 1965 is considered to be the year when the development of with graphics, animation, sound, as well as book search; electronic publishing took off, and Theodor Nelson laid the - Possible content update without the need of replacing the foundations of the hypertext, which was later on established book. as a basic format for online text saving. Launched in 1963, In reference to e-Book advantages, the analysis specialist Theodor Nelson developed a model for creation, and by using Michael Ashley published an article in Gizmodo, where he the linked content he coined the terms "hypertext" and pointed out the five most important reasons why authors will "hypermedia" (first published reference 1965[2]).
    [Show full text]
  • Transferring Ebscohost Ebooks Onto Ereaders
    Nook, Sony, Kobo, and other Android Devices Adobe DRM-compatible readers —What you need— —What you need— Aldiko Book Reader on your device (free app in Adobe Digital Editions on your computer Android Market) —How it works— —How it works— 1. Make sure pop-ups are enabled on your browser. 1. Search the Android Market for the Aldiko Book Reader app. Download & install the FREE version. 2. Access the EBSCOhost eBooks collection from the library homepage. 2. Launch Aldiko. 3. Sign into your EBSCOhost account. 3. To authorize your device for EBSCOhost books, Press the phone or tablet’s options button and se- 4. Search for an eBook. Once you find one you want, lect Settings. Next, select Adobe DRM and login click on Download (offline). Click download. with your Adobe ID and password (see “Before You 5. In the next pop-up, choose whether you want to Start”). open or save. “Open” will immediately start Adobe 4. Access the EBSCOhost eBooks collection from the Transferring Digital Editions and access the file. “Save” will save library homepage. the file to your computer so you can open it later. 5. Sign into your EBSCOhost account. EBSCOhost 6. You can read the book on your computer, or go to the next step for how to transfer it to your device. 6. Search for an eBook. Once you find one you want, click on Download (offline). Click download. 7. Click on the icon in the upper left to Go to Library eBooks onto View. The icon looks like a row of books. 7.
    [Show full text]
  • New Technologies Can Often Disrupt the Balance Between Public and Private Interests in Copyright Law
    UNLOCKING THE GATES OF ALEXANDRIA: DRM, COMPETITION AND ACCESS TO E- BOOKS 1 ANA CAROLINA BITTAR New technologies can often disrupt the balance between public and private interests in copyright law. For example, the Internet has facilitated the dissemination of artistic works by allowing users to mass distribute files within seconds. In response, the entertainment industry has turned to digital rights management (DRM) as one way of combating piracy. DRM is a technique that allows copyright owners to enforce their rights by controlling what users can do with their digital files, such as by restricting the platform on which the file can be accessed. In addition, the DRM scheme is protected by anti-circumvention laws, which prevent users from "breaking" the DRM. Although the main goal of DRMs is to prevent piracy, this technique can adversely impact other interests, such as privacy and fair use. This result is apparent in the e-book market, where it affects competition. More specifically, since each bookseller uses a different proprietary DRM scheme on their e- books, compatible with a limited number of reading platforms, consumers face problems with interoperability. For example, a Kindle owner cannot buy books from Barnes & Noble, and a Nook owner cannot buy books from Apple. This lack of interoperability can increase barriers to entry, switching costs, and network effects. Consequently, consumers are often locked into an e-book ecosystem, which permits booksellers to act as gatekeepers of the e-book market. Moreover, this situation can undermine the potential of e-books to spread knowledge, promote literacy, and extend the reach of literature.
    [Show full text]
  • A Case Analysis of Barnes & Noble
    [BARNES & NOBLE CASE ANALYSIS] 1 | Page A Case Analysis of Barnes & Noble By: Sidney Best Jack Zeigler Charlie Smith Jessica Whitley Josh Cornwell Dr. Prati Mgmt 4842 November 17, 2010 [BARNES & NOBLE CASE ANALYSIS] 2 | Page Table of Contents Executive Summary.………………..….……………………………………………..page 3 Industry definition & SIC/NAICS Code….…………………………………………page 4 Mission and Vision Statement Analysis……....……………………………………..page 4-5 Strategic Objectives.………………….………………………………………………page 5-6 Financial Objectives …………………………………………………………………page 6-7 Competitive Analysis.…………………..…………….………………………………page 7-8 Driving Force………………………………………………………………………….page 9-10 Industry Key Success Factors………………………………………………………..page 10-11 S.W.O.T Graph………………………….……………………………………………page 12 S.W.O.T Analysis…………………………..…………………………………………page 13-18 Competitive Strategy…………………………...…………………………………….page 18 Financial Analysis…………………………………………………………………….page 19-23 Analysis of Major Issues……………………………………………….…………….page 24-27 Works Cited……...……………………………………………………….…………..page 28-29 [BARNES & NOBLE CASE ANALYSIS] 3 | Page Executive Summary Barnes and Noble have three main issues of concern. First, Barnes and Noble is unable to find sufficient leadership in its boardroom. Leadership is struggling to deal with the ongoing issue of selling the company. An agreement to specific terms of selling the company will never be achieved unless the company hires a third party consultant to mediate the issue. A third party consultant will ensure the best overall result for the company and its shareholders. The hard part is deciding the right consultant to hire. The important thing is to make a decision quick because the company is fragile and each day value is lost. A consultant will provide much needed stability to the company which will increase confidence for interested buyers. The second issue of main concern is that profit margins are decreasing for Barnes and Noble.
    [Show full text]
  • Paper141back for Conversion BACK.Pub
    8 File 770:141 Lasting Impressions: News from the World of Fanzines OED Hunts for Earliest these other needs, e-mail it to Mike Christie Use of SF Words <[email protected]> using The Oxford English Dictionary is the format shown in their guide- searching for the definitive lines <http://66.108.177.107/SF/ “earliest reference” in which vari- how_to_cite.html>. ous science fiction terms were They’re interested in sugges- used. So give them a hand – after tions for other words that belong all, a few of these terms were on this page. The criteria for inclu- probably invented by readers of sion are subjective, but come down this zine. to: does the word sound familiar to As soon as she heard about the a long-time SF reader? This list is project, Geri Sullivan culled ref- not meant to be a glossary of SF erences for all the faanish words terminology: it is only a list of that appear in Fancyclopedia those terms that the OED has a (1944) and Fancyclopedia II particular need to have researched. (1959): BNF, completist, con, In other words, the list won’t show fanzine, fen, illo, mundane, pro- terms whose coinage is definitively zine, stf, and Worldcon (including known, such as dalek, robot, and proper capitalization and a note grok. that it’s a service mark owned by There are three sets of words: the World Science Fiction Society.) Science Fiction For a look at what they’ve found so Lesnerize.) Speaking of specialize jargon, the OED <http://66.108.177.107/SF/sf.shtml> far, check the web page address below: SF Criticism http://66.108.177.107/SF/sf.shtml has some of its own that comes into play when explaining what kind of references <http://66.108.177.107/SF/ The page is chiefly maintained by sf_crit.shtml> Mike Christie, an enthusiastic fan, and they hope fans will provide.
    [Show full text]
  • Nook User Guide Documents All Features of Your NOOK
    User Guide Version 1.3 Barnes & Noble, Inc. 122 Fifth Avenue, New York, NY 10011 USA. © 2009 Barnes & Noble, Inc. All rights reserved. NOOK and the NOOK logo are trademarks of Barnes & Noble, Inc. or its affiliates. Patent pending. Screenshots and product images are simulated and for instructional purposes only. They may differ from the actual product and are subject to change without notice. Your use of the NOOK is subject to the NOOK Terms of Service in “NOOK™ Terms of Service” on page 170. The Terms of service can also be found here: www.nook.com/legal For warranty information, see “One Year Limited Warranty” on page 190. Customer Service You can reach Customer Service for your NOOK by sending an email to [email protected], or at these telephone numbers: • Within the United States: 1-800-THE-BOOK (1-800-843-2665) • Outside the United States: 1-201-438-1834 How to Use this Guide This nook User Guide documents all features of your NOOK. It is available as an eBook in the My Documents section of your NOOK Library. It is also available for download from the support section of the NOOK website in PDF format: www.nook.com/support If you want a printed copy of the User Guide, you can print the PDF on your own printer from Adobe Acrobat Reader. Quick Start Guide The Quick Start Guide covers the basics needed to get you started. It is printed and in the package with your NOOK, as well as at the above website. Tour Get the most out of your NOOK.
    [Show full text]
  • Libraries and Mobile Technologies
    On the Move with the Mobile Web: Libraries and Mobile Technologies Ellyssa Kroski http://www.ellyssakroski.com Kroski, Ellyssa On the Move with the Mobile Web: Libraries and Mobile Technologies Chapter One: What is the Mobile Web?............................................................................................3 The Mobile Web Defined.............................................................................................................. 3 Who Are the Early Adopters? ....................................................................................................... 3 What Are People Doing with Their Mobile Devices? .................................................................. 4 Benefits of the Mobile Web .......................................................................................................... 6 Mobile Web Challenges ................................................................................................................ 6 Mobile Web Resources & Reports................................................................................................ 7 Notes ............................................................................................................................................. 8 Chapter 2: Mobile Devices ............................................................................................................. 10 Mobile Phone Devices ................................................................................................................ 10 Mobile Phone Manufacturers.......................................................................................................11
    [Show full text]
  • How to Choose E-Books & E-Readers for Accessibility – 2014
    How to Choose E-Books & E-Readers for Accessibility – 2014 Note: This guide was last updated in March, 2014. Manufacturers release new devices often. Check features before buying. Table of Contents 1. Introduction to E-Books a. Publishers and Copyright Concerns 2. Types of E-Books a. Mainstream Fiction & Nonfiction b. eTextbooks 3. Types of Devices a. E-Readers b. E-Reader Tablets 4. Device Comparisons a. Guiding Questions and Accessibility Considerations b. E-Reader vs. Tablet Comparison c. General Features Comparison d. Accessibility Features Comparison 5. Borrowing E-Books from the Public Library a. Library Books on a Tablet b. Library Books on EPUB Compatible Devices c. Library Books for Kindle d. Library Books for PC or Mac 6. Other E-Book Sources a. E-Book Retailers for EPUB Devices b. Free Books for Kindle and EPUB Devices 7. Links Assistive Technology Resource Center Allison Kidd Colorado State University March 2014 http://atrc.colostate.edu 1 Introduction to E-Books The world of E-books can be difficult to navigate. The variety of devices and formats can be dizzying, and it only grows more confusing if you also need to use Assistive Technology. You would think that digital books would be the perfect solution for Assistive Tech users, but unfortunately they are often not accessible, especially for text-to-speech software. This guide will highlight the main types of E-books and E-reader devices that are available today, along with the accessibility concerns to help you understand your options. Publishers and Copyright Concerns One of the most important things to grasp is the publishers’ concerns that their books will fall victim to piracy.
    [Show full text]
  • Stock Market Simulation
    Project Number: DZT 0905 STOCK MARKET SIMULATION An Interactive Qualifying Project Report: Submitted to the Faculty of WORCESTER POLYTECHNIC INSTITUTE in partial fulfillment of the requirements for the Degree of Bachelor of Science By Brandon Rubadou _____________________________ Carl Anderson _____________________________ Daniel Metcalf _____________________________ Jacob Loitherstein _____________________________ Richard Wingert _____________________________ William Callaway _____________________________ Approved by Professor Dalin Tang, Project Advisor ___________________________________________ i Abstract Through the use of tools and resources available from the internet as well as text and media references, a team of six people conducted an eleven-week stock-market simulation to investigate the validity and success of different trading strategies in the stock market. In the project group members selected companies to follow and trade based on how the company projected earnings. This required extensive research into the companies’ history and recent movements. The group found that all of the methods tested were adequate in producing returns but one method that followed Livermore’s Principals of investing was far superior to all of the others. The experience gained throughout this project will allow the group to become more competent investors in the future. ii Table of Contents ABSTRACT .................................................................................................................................II TABLE OF CONTENTS
    [Show full text]
  • 2013 Barnes & Noble Annual Report
    BarnesBarnes && NobleNoble 20132013 ANNUALANNUAL REPORTREPORT 2013 Annual Report 1 CONTENTS 2 Barnes & Noble 2013 Letter To Shareholders 4 Selected Consolidated Financial Data 8 Management’s Discussion and Analysis of Financial Condition And Results Of Operations 12 Results of Operations 29 Consolidated Statements of Operations 29 Consolidated Statements of Comprehensive Income (Loss) 30 Consolidated Balance Sheets 31 Consolidated Statements of Changes In Shareholders’ Equity 33 Consolidated Statements of Cash Flows 35 Notes to Consolidated Financial Statements 77 Report of Independent Registered Public Accounting Firm 80 Reports of Management 81 Shareholder Information 82 Corporate Information 83 Barnes & Noble Bestsellers 2013 84 Award Winners 2 Barnes & Noble, Inc. BARNES & NOBLE 2013 LETTER TO SHAREHOLDERS To Our Shareholders: Barnes & Noble achieved a great deal during another year of remarkable change in our industry. Our Retail and College businesses delivered solid performances, demonstrating once again that they are valuable and profitable cornerstones of our company. While our NOOK® business experienced a shortfall due to an over-estimation of holiday customer demand, we have sold 10 million devices to date and remain as committed as ever to delivering the best black-and-white and color eReaders on the market. Our bookstores had a solid year, with a 16% increase in earnings before interest, taxes, depreciation and amortization (EBITDA), due primarily to gross margin expansion and lower expenses. Driving sales was the runaway success of E.L. James’ “Fifty Shades of Grey” and its sequels, which have sold over 70 million copies worldwide and set the record as the fastest-selling paperback of all time, surpassing the “Harry Potter” series.
    [Show full text]