Quote:
Originally Posted by geertm
Actually B&N's bookstores are the only part of the company that is still making a nice profit. The reason that the company as a whole makes a loss is that they are investing so much money in their digital Nook business.
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Ain't this the truth? Instead B&N keeps talking about how successful Nook unit is. Not once did they open up the books and show how much they invested in Nook in the first place.
B&N's continuing lost in "total" revenue is their own fault...just the classic, poor, corporate decision-making. B&N's digital strategy is to double-down or nothing. They still havent realized they can't compete against Apple nor Amazon on their tuff