Quote:
Originally Posted by fjtorres
It might help to understand their attitude towards ebooks if you factor in that to B&N ebooks have always been a money loser. For one reason or another they have never made money selling ebooks, even when they controlled a quarter of the market.
It's not clear how they managed that achievement so consistently but they did.
And still do.
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Riggio said in his latest earning's report that at one time the Nook division had 1600 employees. That's 1600 mostly IT employees working in Silicon Valley.
Do the math.