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Old 02-21-2012, 04:12 PM   #1
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B&N Posted 3rd Quarter Results Today
Results look mixed glancing quickly through the figures.

http://www.washingtonpost.com/busine...ZRR_story.html

Some very nice positives:

Quote:
The biggest positive of the report was that the total Nook business revenues were up 38 percent year-over-year to $542 million. Nook hardware sales, including Simple Touch, Color and Tablet, increased 64 percent year-over-year. Digital content sales, including digital books, digital newsstand, and apps, increased a massive 85 percent against the year-ago quarter.
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Old 02-21-2012, 05:15 PM   #2
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And the negative, if I'm reading the figures right, is that they are running at only about 2% profit margin.
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Old 02-21-2012, 05:24 PM   #3
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Originally Posted by murraypaul View Post
And the negative, if I'm reading the figures right, is that they are running at only about 2% profit margin.
If you play Amazon's game you have to play by Amazon rules.
2% margin is very much Amazon territory.
As long as they're in the black they're in the game.
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Old 02-21-2012, 06:04 PM   #4
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2% isn't all that bad for traditional brick & mortar, which rarely exceeds 3-4% anyway.
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