 The Nook HD/HD+ line was originally planned to be discontinued, as announced in Barnes and Noble's 2013 Fiscal Year-End Report, due to financial losses.A few months later, B&N President Michael P. Huseby announced that the company "intends to continue to design and develop cutting-edge Nook black and white and color devices at the best values in the marketplace", following the resignation of former CEO William Lynch.Nook HD+ (styled NOOK HD+) is Barnes & Noble's first tablet capable of playing back movies and television shows downloadable from NOOK Video store at 1080p resolution.