Dive Summary:
- According to unconfirmed reports from Forbes, Barnes & Noble is planning to launch a new Nook e-reader that will be released on Oct. 31.
- Just weeks ago, a new device created from Barnes & Noble was reviewed by the Federal Communications Commission and cleared for sale.
- The rumored new e-reader device will reportedly be an upgraded design of the Nook and contain an improve backlight function, GlowLight.
Dive Insight:
The news of Barnes & Noble’s rumored Nook upgrade is a puzzling one if the rumored release of the product turns out to be true. The Nook has been a consistently profitless endeavor for Barnes & Noble and may have helped cost former Barnes & Noble CEO William Lynch his job. This could be the beginning of the end for the device if the upgraded Nook fails to catch on with consumers.