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View Poll Results: Wnen will Barnes and Nobles go out of business? | |||
Within 1 year | 6 | 5.08% | |
1 to 5 years | 18 | 15.25% | |
5 to 10 years | 13 | 11.02% | |
10 to 20 years | 11 | 9.32% | |
Never | 70 | 59.32% | |
Voters: 118. You may not vote on this poll |
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08-06-2010, 01:52 AM | #46 |
Zealot
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Device: rooted nook color, nook wifi 1st edition
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When? Never. Why? Look at their financial reports. They make money. The physical stores might not be around forever, but there will be some, and our internet presence will remain strong. Amazon is a profitable company, but honestly, it took them 10 years and a lot of expansion.
We're fine, we just might go private. The Riggios like control. :P JF |
08-06-2010, 02:41 AM | #47 | |
Teacher/Novelist
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Quote:
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08-06-2010, 06:24 AM | #48 |
DRM hater
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There's barely any bookstores left any more. B&N is literally the only new book store in my city of 40,000 people. Both Waldenbooks stores closed up years ago.
There's also not a Borders in the nearby cities. I think there are maybe 2 independent bookstores in the nearby cities. I'm pretty sure I would have to drive over an hour to find a Borders or the like. So...I don't think B&N is going anywhere. Unless people stop buying books. And that isn't going to happen any time soon. |
08-06-2010, 08:04 AM | #49 |
Bah, humbug!
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Location: Chesapeake, VA, USA
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I hope B&N is around for a long time to come, as well as the mom & pop bookstores. Barnes and Noble has a great selection, and a wonderful atmosphere.
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08-07-2010, 08:46 AM | #50 | |
Guru
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Join Date: Apr 2007
Location: New York, NY
Device: Amazon Kindle Paperwhite 2
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Quote:
If nook is successful it'll take away volume needed to scale the bricks and mortar stores. If the nook isn't successful they are still screwed, but just won't be cannibalizing themselves...someone else will just take ebook their business. |
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08-07-2010, 08:50 AM | #51 | |
Guru
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Quote:
in one of my older posts i do a financial breakdown of the company and find that although they make accounting profits...they do not make economic profits since they don't cover the cost of capital. this means they r better investing in the S&P 500 then reinvesting in their biz in the long term. |
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03-16-2011, 07:53 PM | #52 |
Guru
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WSJ: B&N Pines for a Storybook Ending
Barnes and Noble's stock just hit a new low. It is down 50% in 3 weeks.
http://online.wsj.com/article/SB1000...EYWORDS=barnes My 5 yr prediction is so far on pace. |
03-17-2011, 01:22 AM | #53 |
Enthusiast
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Device: nook
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Wall Street after 2008 reduced itself to a brewery of rumours and speculations. Anything and everything can bring down anybody's stock. Supercomputers that execute hundreds of trades in a fraction of a second are the kings of our stock market today. Hence, I wouldn't rely much on stock pricing as a reflection of the future of the company.
I had both B&N and Borders near where I lived, before Borders closed their store. There's hardly 15 minutes in any hour of any day that that B&N store is opened that doesn't have a line in front of their faux Starbucks counter. A decent line in front of the cashier counter as well. I don't think B&N is going away any time soon. Not all printed content can be digitized, nor can experience with prints be replicated by digital. They also proved to me that they are listening to their customers by lowering price on a title that I consider buying as a nook book that I previously saw cheaper as a kindle book. It wasn't immediate but it was done. |
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