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Originally Posted by carld
I would guess that it isn't the Nook dragging B&N down but rather the other way around. It's B&N's incredible shrinking profits from their B&M stores that's dragging the company down. For all we know the Nook may be turning a decent profit for B&N.
Connecting B&N's struggles to the Nook's price point, and extrapolating therefor that Amazon can't be making a profit on the Kindle either is just too much of a stretch for me. I could be wrong, but I don't think so.
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I think you are on the right track. First off there is alot of speculation and armchair wall street analysis going on.
I do think their brick and mortar stores will eventually be phased out or re transformed into something that is not that recognizable to what we see today. Maybe more retail items and gadgets and cards and candles and the NY Times Best sellers and Nook Cafe's
I do think BN's knows it's future is in the e-reader, apps and e-books store. They have showed in the past 8-9 months their agressive approach to this market, and they seem committed to this being their future.
Their e-book store has imroved by leaps and bounds since it's inception
They just rolled out NOOK Study,
They just announced they are dedicating more space for the Nook device itself a show room if you will.
They just release the nook app for Android and worked hard with Apple with their BN App for iPad and iPhone.
They just released the Nook wi fi only
Remained commited to software updates on the nook, 4 upgrades in 8 months is very impressive indeed and sends a message that we care and are listening.
This isn't a "Ahh lets throw in the towel and sell the joint". Decisions like this aren't made overnight.
These are some strong commitments and aggressive approaches to the e-book world that have just recently been announced.
I think the BN name will continue and be competitive in the e-book world and are looking for a strong buyer/investor to come in to help along with this commitment.
This isn't some going out of business sale but haven't said that I do think the future of it's Brick and Mortar stores are going to changed dramatically in the years to come.