Microsoft is investing $300 million into Barnes & Nobles Nook e-reader, to create Barnes & Noble subsidiary. Microsoft $300 investment will settle the patent lawsuit against Barnes & Noble, that it filed last year.
The subsidiary has yet to be named will bring together the digital and business college of B&N. B&N will own approximately 82.4% and Microsoft will own 17.6%.
This investiment will allow B&N to be more competitive against Amazon’s Kindle and Apple’s iPad.
In the 4th Quarter of 2011 the Kindle Fire will be number 2 in table sales.
This quarter Apple will ship 18.6 million iPads and Amazon will ship 3.9 million Kindle Fire tablets to take 13.8% of the global market. The Samsung Galaxy Tab will ship 1.37 million will come in 3rd and the Nook Tablet will ship 1.32 million for 4th.
Barnes & Noble released software 1.1.0 for the Nook Color. The update will add improved performance, better Wi-Fi connectivity and browser pinch and zoom feature when accessing the browser. The software update will be available for automatic download in the next few day or for immediate manual download. Click Here To Download
On our Nov 22 post we informed you that Barnes & Noble’s Nook e-reader was out of stock. The Nook is now available at B&N website. B&N said that the Nook will be available in stores midweek.
If you have the Barnes & Nobles Nook on your Christmas list, you will not receive it for Christmas. B & N said that the Nook is sold out until after Jan. 4 2010.
Sony said that some of their e-readers the Daily Edition may not arrive for Christmas.
Amazon Kindles are available for Christmas delivery as of today. They are now available for Canada delivery, so you may want to place your order soon!!