Barnes and Noble has just released their latest financial results and the news is dire.<br />The bookseller has reported that Nook e-reader, tablet and e-book sales have fallen 31.9% from the same period last year.<br />What is most disturbing is that in the past they reported hardware and digital sales separately, but are now combining the figures.<br />The entire Nook division managed to generate $43.5 million dollars and this was primarily due to less people buying e-books.<br />NOOK EBITDA losses of $21.3 million declined $15.1 million versus the prior year as the company continues to reduce expenses.<br />One of the reasons why Nook e-book sales are down is because the only new hardware that the company has consistently released are tablets.
