Via MSNBC:
http://bottomline.msnbc.msn.com/_new...-nook-business
No surprise here; the clues were all over for the past six month.
Nook is a billion dollar a year business.
The concern, of course, is that if Nook alone is worth more than the entire B&N as currently consituted, the B&M operation has negative value.
Do note, that they face a "shortfall" of Nook STR sales.
It sold well; they epected and stocked up for more.
Explains where all the refurbs are coming from.
Expect more bargain sales.
I wonder if anybody will step up, ala Rakuten...