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NEWS: Barnes & Noble Considers Spinning Off Nook




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TarsTarkas



Joined: 20 Dec 2007
Posts: 1656
Location: Virginia, United States

PostPosted: Fri Jan 06, 2012 1:52 am Reply with quote
This doesn't sound good. Wonder if the Kindle has them worried.
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blarg01



Joined: 11 Apr 2010
Posts: 69

PostPosted: Fri Jan 06, 2012 2:41 am Reply with quote
Barnes and what?

Yeah, Kindle is going to win, sadly. (Sadly since people will lose their jobs)
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GhostShell
Collector ExtraordinaireCollector Extraordinaire


Joined: 25 Jan 2011
Posts: 1004
Location: Richmond, B.C., Canada

PostPosted: Fri Jan 06, 2012 3:06 am Reply with quote
Quote:
The company expects the Nook electronic book reader and related business to bring in US$1.5 billion in revenue during the current fiscal year.


That's pretty darn good revenue! Didn't realise that e-books were generating that kind of money already.
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Emerje



Joined: 10 Aug 2002
Posts: 6284
Location: Maine

PostPosted: Fri Jan 06, 2012 7:39 am Reply with quote
Doesn't sound like a bad thing, sounds more like it's doing so well it can stand on its own rather than share costs/profits with the book store side.

Emerje
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osakaedo



Joined: 13 Aug 2004
Posts: 62

PostPosted: Fri Jan 06, 2012 10:25 am Reply with quote
Insane news from B&N...Why spin off what is essentially keeping you relevant right now. Yeah, they've got market dominance now that Borders is gone, but they are still competing with Amazon first.

Also very curious info about Tablet vs Touch...I don't think it's an UI issue, but from the looks of things branding has won this corner of the market for Amazon. All eInk readers might now be Amazon's base. On the other hand, it appears as if the Nook Tablet has found a strong place for itself in this market.

Sadly while that is a good spot to be in, as the article notes it also requires a lot more R&D money than B/W eInk readers (note that if spun-off the Nook company would focus on apps, eProducts and hardware and book sales would likely be for B&N's eBook store). So I can understand why B&N would worry, but if they follow through they're done.
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