Barnes & Noble's E-Readers Rank High among Christmas Gifts

  Consumers who haven't yet ordered Barnes & Noble's electronic book reader, the Nook, won't  be able to obtain one before Christmas.

Photo: Barnes & Noble's E-Readers Rank High among Christmas Gifts

Barnes & Noble's E-Readers Rank High among Christmas Gifts

  The earliest that anyone who orders the $259 device on Friday — or later — will receive it in January, 4, 2010, the nation's largest bookseller said Friday.

  "While we increased production based on the high consumer interest, we've sold out of our initial nook allotment available for delivery before the holidays," the company said in a statement. Preorders exceeded its expectations, the New York company said.

 Customers who had hoped to buy a Nook as Christmas or Hanukkah present can get a certificate to present but not the device itself yet.

  Barnes and Noble said it is ramping up supply to meet the demand. The company wouldn't say how many Nooks it has sold.

  E-readers are expected to be a popular gift this year.

  Sony Corp. said Wednesday its $399 Reader Daily Edition might not arrive in time for Christmas, let alone Hanukkah.

   Barnes & Noble shares fell 35 cents to $21.96 during afternoon trading, according to the Associated Press' report.