MobileRead Forums - View Single Post - WSJ: Investors Are Freaking Out About Barnes & Noble

Fbone · 01-07-2012, 02:10 AM

B&N same store sales up 2.5% and the doomed analysis by brokers and public causes stock to drop 17%.

Best Buy same store sales drop 1.2% and analysts happy because BB sales were only slightly worse than expected bringing stock price up 3%.

Difference is BB is still profitable. Markup on mobile phones, tablets, appliances, ereaders and movies saved them.

01-07-2012, 02:10 AM	#70
Fbone Is that a sandwich? Posts: 8,299 Karma: 101697116 Join Date: Jun 2010 Device: Nook Glowlight Plus	B&N same store sales up 2.5% and the doomed analysis by brokers and public causes stock to drop 17%. Best Buy same store sales drop 1.2% and analysts happy because BB sales were only slightly worse than expected bringing stock price up 3%. Difference is BB is still profitable. Markup on mobile phones, tablets, appliances, ereaders and movies saved them.