Barnes & Noble's Nook division has a rough fiscal third quarter. However, the bookseller hopes to reverse the decline with the launch of a new Nook color device later this year.
The bookseller's Nook business generates $125 million for the nine-week holiday period -- a 60.5 percent decrease compared to last year.
In a Mother's Day sale, you can pick up the Nook HD and Nook HD+ for as low as $149 and $179, respectively.
Revenue in Barnes & Noble's Nook division hit $316 million, down 26 percent compared to the prior year, as the unit's losses balloon to $190.4 million.
The Black Friday weekend had given Barnes & Noble cause for optimism, but the company says the holiday stretch as a whole saw Nook device sales fall short of expectations.
20th Century Fox and NBCUniversal programs will be available as the new tablets launch this week.
Amazon, too, has crowed about a doubling of Kindle sales in the post-Thanksgiving shopping binge. Too bad neither company would provide any concrete numbers.
The company blames production issues and unmet demand for its recently launched Glowlight version.
Though its Nook e-readers are clearly popular, B&N still reported a net loss and lower overall revenue for its fiscal second quarter.
Taiwan-based Digitimes is saying that Barnes & Noble has already taken delivery orders on 3 million Nook Colors, making it a major player in the tablet market.