Quote:
Originally Posted by gigercounter
BN stock is only around $16 a share, and Amazon is around $121 a share. BN Ebooks are priced too high. Now I hear you only have one hour per day for the instore feature (all you can read for free when you go to BN- or so they say). The nook is going for $269 which I dont even spend that much per year at B&N for books then I will have to spend more cash to fill it up. I bought a high end (physical) book at Amazon for $30 whereas BN wanted $45. If the Kindle fails- life will go on with Amazon - whereas if the Nook fails- it could spell the end for BN (then what do you do with the nook and its fancy nook covers?)
I am NOT a Kindle flamer- I do not own a reader yet. I am just standing on the sidelines and observing the whole kabobble.
This is my opinion---- whats yours?
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Your arguments don't make much sense. Stock price? B&N going bankrupt because of a failing product?
Even if the nook somehow fails, I expect B&N to try again to keep in this market. B&N wants a piece of the ebook market in this ipod-like model (which Amazon adopted first for books). This is probably not the ideal for the consumers; it would be better to have a single standard format and the ability to buy books for any device in any store. But right now we have the ipod model which seems to be very lucrative, so both B&N and Amazon should keep at it even if individual versions of their respective devices don't sell too well.
It's a nascent market and B&N is a big company, I think only a catastrophical failure would make them change plans.