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Barnes & Noble still has plans for another tablet

Barnes & Noble has plans for another tablet
Barnes & Noble has plans for another tablet
Barnes & Noble announces plans to introduce a new Nook Tablet, despite less than stellar revenues.

Barnes & Noble hasn't pushed out a new Nook Tablet in over a year, instead focusing on their e-reader lineup. That doesn't mean they've lost their Android ambitions though, and the company confirmed as much in their 3rd quarter earnings report.

Although Nook revenues decreased by 50.4% compared to last year, B&N is chalking that up to their plan to get rid of existing device inventory. Consequently, the company has plans to release a new color device in the beginning of the 2015 fiscal year, which corresponds to sometime this summer. Details of the device weren't included in the earnings report, but CEO Michael Huseby confirmed that talks are ongoing with "world-class hardware partners" in order to develop the tablet.

This isn't the first time B&N announces plans to continue their tablet line, having made a similar comment back in August when first quarter earnings were revealed. Unfortunately, it seems a refreshed Nook Tablet is still a ways off, and until then Amazon is in full control of the e-reader/tablet market.

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Omar Qudsi, 2014-02-26 (Update: 2014-02-26)