It’s hard out there for Android tablet makers. Barnes & Noble may have finally learned this the hard way after announcing today that they are cutting their losses with the Nook tablet line, giving up on producing new tabs — in-house that is.
During their earnings report, B&N revealed a 16.8% decrease in Nook sales for the year in comparison to the same time last year. Because making the tabs in-house wasn’t exactly cost effective, B&N will turn the Nook line over to a yet to be announced 3rd party manufacturer. B&N will continue to focus on bolstering their digital content with new e-books, while providing support for existing Nooks.
Speaking of existing Nooks, you’ll still find the Nook HD and Nook HD+ tablets on sale throughout the holiday season, until B&N’s inventory has been cleared out. Expect rock bottom prices on these tabs in the near future. As for their e-ink readers (Simple Touch, Glowlight), these will continue to be manufactured by Barnes & Noble where they remain hot sellers.