Barnes & Noble Captures 20% of the E-Book Market

Barnes & Noble may have reported losses and been compelled to slash e-reader prices recently, but all is not lost, thanks to the company’s decision to enter the e-book market this year.While sales at its physical retail locations declined by 4.8% over the previous year, online sales have increased by 24%. Most notably, Barnes & Noble has gained 20% of the e-book market in just the last year, CEO William Lynch revealed in an investor conference this morning.

Mashable

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