A disappointing set of results for Barnes & Noble  is causing speculation that the bookseller is to cease production  of its Nook  e-reader. The firm has warned, ahead of Q3 of its 2013 fiscal results--due Thursday--that its Nook Media division has incurred greater losses than its previous year. It had estimated a $3 billion revenue, but the firm has indicated that the real figure will be far lower. As a result, says the New York Times, future focus will be on licensing its own content to other device makers--in short, to Amazon  and Apple .
The firm has been trying all sorts of tactics to make its Nook work, such as last year's deal with Microsoft . But it is Amazon's dominance that is giving the bookseller--the largest in the U.S.--such a hard time. Last month it announced that it would be shutting one-third of its retail stores  over the next decade. However, in another twist to the story, the Wall Street Journal is reporting  that the B&N Chairman, Leonard Riggio, is interested in buying the firm's consumer retail arm, which would effectively split the company in two.
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