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 tablets and e-readers.
"Nook device sales got off to a good start over the Black Friday period, but then fell short of expectations for the balance of holiday," William Lynch, CEO of Barnes & Noble, said in the grim statement. "We are examining the root cause of the December shortfall in sales, and will adjust our strategies accordingly going forward."
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