Barnes & Nobel released some financial data yesterday for their most recent fiscal quarter, which ended on 29 January 2011. Income was up 7% last quarter across the company, with brick and mortar stores showing an average increase of 7.3%. Online sales were a spectacular success and increased 64% over the same quarter a year [...]
Entries Tagged as 'profits'
Kobo profits drop due to e-reader
May 31st, 2010 · No Comments · ebookstore news
Reuters is reporting that Indigo Books (corporate parent of Kobo) has annonced a drop in profits for the 4th quarter 2009, from C$1.9m in 4Q2008 to C$500,000 in 4Q2009. The difference is attributed to the expenses involved in the development and launch of the Kobo e-reader. Indigo also reported an increase in income for the [...]
Newspapers’ web traffic is on the rise, profits not
May 25th, 2010 · No Comments · Uncategorized
Media Week is reporting that the number of unique visitors to newspaper websites grew 10 percent from March to April, reaching 83.7 million. If you just look at the top 10 markets, unique visitors were up nearly 13 percent in April (over March), reaching 70.8 million. MW alos reported that the top 25 markets showed [...]
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