Quote:
Originally Posted by KenJackson
That paragraph has a lot of past tense verbs. Borders filed for reorganization under Chapter 11, but many companies survive that and rebound. I'm not counting Borders out just yet. I know many of us are excited by the transition to ebooks, but a lot of people still like to hold paper and want to see and touch before they buy.
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There will probably always be
some market for paper books, but the question is: Is there enough of a market to sustain Borders? The answer -- at least preliminarily -- seems to be no. B&N is surviving because they've got the Nook, and Amazon diversified from just books long ago, so they're relatively safe (even if they didn't have the Kindle). But it's looking pretty bad for Borders. It might survive as a name of
some kind of store, but how does it stay a paper bookstore after this point? The market for paper books isn't going up.