Sequel to Nook Color to be announced by Barnes and Noble on November 7

What could be better than a trio of sources confirming that a sequel to the popular Barnes and Noble Nook Color will be introduced November 7th? How about when that trio of sources and the Wall Street Journal add that in 40 of its most "productive stores", Barnes and Noble will double the size of space intended for the Nook. The construction will be ready in time to attract buyers for the holiday shopping season. The rebuilt boutiques will carry about 2,000 square feet of space for the Nook Color's sequel model and other Nook devices. The additional space in the 40 stores will come from the elimination of music and DVDs. In the remaining 664 Barnes and Noble locations, the Nook boutique will remain 1,000 square feet.

The next version of the Nook Color will be a tablet version of the device which is expected to help the book retailer post Nook-related revenues of $1.8 billion in the fiscal year ending in April. That amounts to about 24% of the company's total revenue. According to the tipsters, some of whom work for the bookseller, the refurbished Nook boutiques are gigantic with bright lights, LED television monitors, touchscreen POS systems and is designed to show off more than just two Nook units.

The Barnes and Noble Nook Color faces tough competition from Amazon's Kindle series, including the recently introduced Kindle Fire. The latter is an Android powered tablet with a proprietary browser, set to launch November 15th for $199.99. The unit is heavily dependent on content available for purchase from Amazon along with cloud based services that can be purchased from Amazon. Will the new Nook Color tablet be able to stand up against the Amazon Kindle Fire? If the alleged introduction date is correct, we won't have too long until we find out.

source: WSJ, DigitalReader via AndroidCentral