Thread: Barnes and Noble Financials
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Old 06-20-2012, 07:26 AM   #23
Kali Yuga
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Quote:
Originally Posted by taming View Post
Digital Book World had a different spin on this...
Operative word being "spin."

Microsoft is investing $300 million into the Nook business. B&N just burned through $77 million in 3 months. In-store sales are down, even at college stores, and will drop further as the bump from Borders wears off.

If the DoJ settlement goes through, then Amazon can discount huge swaths of ebooks. Either B&N will have to cut prices and thus sacrifice profits to match, or they'll lose sales.

There's no way this can be interpreted as a good thing.
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