Barnes & Noble Won't Give Up On The Nook

jfruh writes: Barnes & Noble's Nook e-reader line has largerly been regarded as a botched attempt to compete with the Kindle, whose failure has contributed to the bookseller's financial woes. Well, despite earlier statements that the company was abandonning it as a hardware platform, now the B&N CEO insists that the company is committed to the product line and the new Nooks are in development.