PublishersLunch
Microsoft is convening "a major
announcement" in Los Angeles at 3:30 local time (or 6:30 Eastern) at a
location that will not be unveiled to invited press until some time this
morning. (Preliminary invitations went out only last Thursday.) They are
expected to announce a Windows tablet of some kind, and presumably the LA-venue
is telling for a strong emphasis on entertainment.
Barnes & Noble's Nook--in which
Microsoft now owns a minority stake--will undoubtedly have at least a presence
on a Microsoft tablet. From there the extent of the involvement is currently
unconfirmed, with some rumors indicating the new tablet could be built in
conjunction with Nook's Palo Alto unit. Barnes & Noble's stock rose briefly
on the first news this morning and then dropped after Dow Jones wrote that
reports of Barnes & Noble playing a role in the event were "not true
at all" and a spokesperson for the bookseller denied they were
participating in any way. But shares rose again later in the morning; Nook
doesn't have to have a role in the event to gain from a presence on a Microsoft
tablet.
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