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Old 06-26-2014, 06:12 PM   #19
charmian
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Also from the Forbes article:

Quote:
Barnes & Noble CEO Michael Huseby is more optimistic.

“We do believe the Nook business has value if it’s managed the way that we’re intending to manage it, which we’ve been very public about, which is pivoting that business away from a hardware-centric focus to a content platform business,” he told me on the phone today, following the company’s announcement.
So less hardware, more content. However, I thought one issue was that people were buying less content because they were buying less hardware? Which was one of the factors they blamed the decline in Nook revenue on.
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