That decline has to sting. B&N had a greater variety of Nook devices to choose from this year, including the Nook HD and Nook HD+ tablets released during the fall. As of late November, the company had been much more optimistic. Sales of Nook devices over the four-day Black Friday weekend had doubled, matching a similar (and similarly lacking in concrete numbers) claim by rival Amazon about its Kindle gadgets. Because of the holiday sales shortfall for the Nook line, Barnes & Noble says it now expects Nook Media revenues for fiscal year 2013 of approximately $3 billion, and Nook segment EBITDA losses at a comparable level to fiscal year 2012.
B&N plans to report full results for its second fiscal quarter on or about February 19, The Black Friday weekend had given Barnes & Noble cause for optimism, but the company says the holiday stretch as a whole saw Nook device sales fall short of expectations, There weren't as many Nooks under the Christmas tree this year as Barnes & Noble had been hoping for, The company this morning didn't mince words about holiday sales for its line of moshi sensecover iphone xs max smart case - midnight blue tablets and e-readers, Be respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you to read, Discussion threads can be closed at any time at our discretion..
The iPhone maker is in talks to acquire Waze, TechCrunch is reporting today, citing sources who claim to have knowledge of the negotiations. Those sources say that Waze is looking to net $750 million in the deal, but Apple is so far only willing to offer $400 million in cash and an additional $100 million in earn-outs, based on performance. Waze is a relatively popular social-navigation app. The service has over 30 million users who share real-time traffic information as they drive around the world. Waze uses that information to deliver improved driving directions. The app also lets users share with others the things they come across on the road, including police car locations, accidents, and just about anything else they deem appropriate for the community.
Apple's reported interest in Waze is likely the result of the troubles it's experiencing with Maps, a built-in application in iOS that it launched last year, Maps was met with criticism as users found it to lack detail and contain errors, Apple CEO Tim Cook apologized for Maps' moshi sensecover iphone xs max smart case - midnight blue troubles and promised a better offering in the future, Maps has been such a concern for Apple that the company has been rumored to be scouring the mapping business to find companies that it could acquire to bolster its application, Last month, analyst Hans Slob of Rabobank International, said that he believed there was a 30 percent chance of Apple offering to acquire TomTom..
CNET has contacted Waze and Apple for comment on the TechCrunch report. We will update this story when we have more information. Apple is willing to pay Waze up to $500 million, but the social-navigation specialist is reportedy looking to net $750 million in the deal. Update 10:51 a.m. PT: A source has confirmed to CNET that Apple has no plans to acquire Waze. Click here to read the full story. Apple and social-navigation app maker Waze might soon come to terms on a lucrative deal for the startup.
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