New Nook coming soon; most likely e-ink model

From CNET News.com: This isn't how products are typically announced, but thanks to a couple of sentences in an SEC filing, word is out that Barnes & Noble plans to release a new e-reader later this month.

Late yesterday, The Wall Street Journal reported that according to the filing, Barnes & Noble will unveil the "new eReader device" on May 24:

Barnes & Noble spokeswoman Mary Ellen Keating declined to comment beyond the 8-K filed with the Securities and Exchange Commission, which contained one sentence of text to comply with Regulation FD fair disclosure rules, except to confirm the meeting took place in New York City. The filing says simply that the company, in the meeting, "indicated it expects to make an announcement on May 24, 2011, regarding the launch of a new eReader device."

The filing had no specific details about the e-reader, but for some reason the Journal speculated that Barnes & Noble might release a "more powerful combination tablet and e-reader" that would perhaps run Honeycomb, the Android 3.0 OS designed for tablets.

We're here to tell you that's probably not the case and that the more likely--and logical--scenario is that Barnes & Noble finally will be replacing its lower priced e-ink e-reader, which has had major trouble competing with the third-generation Kindle in recent months.

The Nook Color has only been out since last November and recently was updated to Android 2.2 (Froyo), which enabled Flash support. Barnes & Noble also launched an app store for the Nook Color as part of that update.

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