The company has an e-reader in the form of Nook Color, which has recently got a Froyo update and comes with 8 GB memory. So, it is expected that the new e-reader will have something better than this.
Barnes and Noble, a book retailer company, has announced that it's going to reveal a new e-reader later this month. The company has also made a filing with the Securities and Exchange Commission stating the same, but the filing has an expected date as well, May 24.
The announcement has come about one week after the operating system of Nook Color, the e-book reader of Barnes and Noble, received an update which added Adobe Flash support, and app store — thus enabling it to look more like a cheaper version of the Android tablet.