B&N expects Nook losses to increase in 2013

[voracious71]

Originally Posted by Kali Yuga

Sears, Kmart, Best Buy are still around.

Circuit City and CompUSA over-expanded, a common problem for electronics chains.


Not necessarily.

E-commerce barely existed in 1994, when Amazon first got started. The Internet was still in the dial-up era, nothing like today's ubiquity and routine nature.

First-mover advantage is more a myth than a reality; consider how many "dot coms" of that era imploded -- and how Amazon would have been among the victims, if Bezos wasn't a shrewd borrower. Anybody remember this guy?



Sony, by the way, had an ebook reader long before Amazon or B&N, and they're now roadkill in the US market.

Plus, B&N did get into ebooks fairly quickly, and have a reasonable market share. The problem is that the Nook business isn't profitable, and it looks like that won't be fixed any time soon.

I used to love that little dog puppet! Someone actually bought me a puppet of that for my birthday,lol.