Nook Revenues Up 34.3% In Fiscal 2012
Barnes & Noble’s Nook revenues increased 34.3 percent during its fiscal 2012 year. The company reported that revenues for the Nook business were $933 million in its fiscal 2012 full year, which ended April 28th. This was up from last year in which the company saw $695 million for the same period.
Despite the growth, the fourth quarter Nook revenues were only up 1%. Check it out: “Device sales declined during the fourth quarter due to higher third-party channel partner returns, lower selling volume and lower average selling prices.
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