Mike Shatzkin, the founder and chief executive of Idea Logical, on Barnes & Noble’s most recent quarter.
I have fond memories of going to Barnes & Noble as a kid; I fear that’s all they’ll be soon: memories.
Also, what’s up with this part of the story by Leslie Kaufman of The New York Times:
Other companies do not break out sales of their digital tablets, but Amazon has been saying sales of its Kindle Fire were strong. Analysts say Apple’s iPads also appear to be doing well.
Um, sure, Amazon is cagey with their numbers, but Apple always tells us exactly how many tablets they sold in a quarter — no mild prognostications from “analysts” necessary.
Amazon yanks Kindle Touch ahead of launch event
What’s with the shock and confusion here? It seems pretty obvious to me that Amazon is gearing up for the launch of a new Kindle Touch with a built in screen light. Reuters reported on this back in May — they fucked up the date (July), but the info all sounds legit.
Amazon’s chief rival in the eReader space, Barnes & Noble, unveiled this in April. It’s a winning idea. Of course Amazon is going to follow suit. It’s not that complicated.
Asked by scifi451
It sounds like they’re starting to realize they’re in trouble and not sure what to do about it.
Like Borders (and Blockbuster before them), Barnes & Nobile has woken up to find themselves living in a digital world with hundred of expensive brick and mortar stores around their necks. They’re only going to get heavier.
At the same time, they’re in a bit of a Catch 22. The brick and mortar stores are probably their greatest asset for selling the Nook. But the more Nooks they sell, the more irrelevant the brick and mortar stores become.
And when they start to close those stores (which will happen), where are people going to buy the Nook? Barnesandnoble.com is not Amazon.com. That’s a huge problem.