Barnes & Noble (NYSE: BKS) presented two new tablets, the 7-inch Nook HD and the 9-inch Nook HD+, on Tuesday. Industry watchers are noting the devices' family-oriented features, such as the ability to create up to six separate user profiles, each with different security settings. Barnes & Noble said the new Nooks "feature must-see displays for superior reading and entertainment and an instantly personalized tablet experience for each family member."

The price range for the products is also fairly competitive, with the models starting at $199 and $269. All versions of the devices will be available for pre-order beginning today, and will also be sold at Wal-Mart, Target, Best Buy, and other retailers.

The tablets will also reportedly be able to play movies and TV shows online that were bought in physical form in its stores.

Fool contributor John Divine owns no shares in any of the above companies. You can follow him on Twitter @divinebizkid and on Motley Fool CAPS @TMFDivine.

Motley Fool newsletter services have recommended writing puts on Barnes & Noble. The Motley Fool owns shares of Best Buy. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.