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New Nook Tablet to launch Nov. 16, report says

Successor to Nook Color features beefed-up memory and storage and will retail for $249, according to documents obtained by Engadget.

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The Nook Tablet? Engadget

Barnes & Noble apparently isn't taking Amazon's Kindle Fire lying down.

The rival bookseller plans to launch its Nook Tablet on November 16, according to documents obtained by Engadget. The Nook Tablet will reportedly have Wi-Fi and feature a 7-inch VividView IPS color touch panel with a 1,024x600 screen resolution, a 1.2GHz dual-core OMAP4 processor, 1GB of RAM, 16GB of inbuilt storage, and a microSD expansion slot.

The Nook Tablet, which appears to bear a striking resemblance to its predecessor, the Nook Color, will retail for $249, while the Nook Color's price will be reduced to $199.

The companies have been locked in a fierce battle over e-readers and their emerging young audience. When Amazon recently inked a deal with DC Comics for the exclusive digital rights to a hundred popular graphic novels, Barnes & Noble responded by removing the physical copies of the titles from its store shelves, saying that it would not sell books it did not also have digital rights to.

The report appears to confirm rumors that Barnes & Noble would release a next-generation Nook Color in November.

Barnes & Noble is expected to unveil its new tablet at a press event in New York on Monday.