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If Books Are Dead, Why Is Barnes & Noble Stock So Hot?
Fiscal Times ^ | 06/01/2013 | By SUZANNE MCGEE

Posted on 06/01/2013 5:00:13 AM PDT by SeekAndFind

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1 posted on 06/01/2013 5:00:13 AM PDT by SeekAndFind
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To: SeekAndFind

Convenient supplies of tinder for when the government throws us back to the stone age?


2 posted on 06/01/2013 5:05:45 AM PDT by trebb (Where in the the hell has my country gone?)
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To: trebb

I can still by turntables too.... there will be some kind of market for books for another 50 years.... but, they’ll be in the Novelty section.


3 posted on 06/01/2013 5:07:29 AM PDT by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them)
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To: SomeCallMeTim

Sales of Kindles?


4 posted on 06/01/2013 5:20:42 AM PDT by jsanders2001
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To: SeekAndFind

How about speculation tht B&N stock will sell at a premium when the company is eventually bought out?


5 posted on 06/01/2013 5:33:34 AM PDT by buckalfa (Tilting at Windmills)
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To: jsanders2001

They have a lot fewer books these days and their main competition went out of business (Borders). They make money on trinkets, coffee, etc.


6 posted on 06/01/2013 5:35:39 AM PDT by lodi90
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To: SeekAndFind

They almost certainly got a bounce by losing hundreds of competing Borders.


7 posted on 06/01/2013 5:37:43 AM PDT by Dr. Sivana (There's no salvation in politics.)
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To: SeekAndFind

My oldest son was participating in the B&N management training program through his college bookstore. He left because they wanted him to work without pay—the entire company being on financial life support.


8 posted on 06/01/2013 6:18:40 AM PDT by Arm_Bears (Refuse; Resist; Rebel; Revolt!)
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To: Arm_Bears

Sounds highly unlikely. Maybe you’re not getting the full story?


9 posted on 06/01/2013 6:33:43 AM PDT by AndrewB (FUBO)
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To: jsanders2001
Kindle is an Amazon product.

B&N has the competing Nook which is not very successful.

But while tablet sales exploded over the Christmas season, Barnes & Noble was not a beneficiary. Buyers preferred Apple devices by a long mile but then went on to buy Samsung, Amazon and Google products before those of Barnes & Noble, according to market analysis by Forrester Research. “In many ways it is a great product,” Sarah Rotman Epps, a senior analyst at Forrester, said of the Nook tablet. “It was a failure of brand, not product.

10 posted on 06/01/2013 6:37:03 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: SeekAndFind
I was late to the eBook party but since I got my first Kindle at Christmas, I've tripled my reading. It is so much more convenient reading books this way. Also, you can sync your library to all your other devices. For instance, I have a Kindle app on my phone so when I'm stuck in line somewhere, I can get some reading done as everything is synced to the latest page read.

I used to say I would only read books printed on paper, but now it's the other way around.

Probably the best part of all is that I got to ditch my reading glasses. With eBooks, you just make the fonts bigger.

11 posted on 06/01/2013 6:55:03 AM PDT by SamAdams76
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To: SeekAndFind; All
Or, the alternative point of view:

What brands won't make it to 2014

Nook ranks just behind JC Penney..which is toast

12 posted on 06/01/2013 7:03:36 AM PDT by ken5050 (Due to all the WH scandals, MSNBC is changing its slogan from "Lean Forward" to "BOHICA")
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To: AndrewB

Yeah—That’s it. My son’s an idiot.

Three-plus years with the company and an assistant manager for two of them. Clearly he doesn’t have a clue about what’s going on.


13 posted on 06/01/2013 7:14:19 AM PDT by Arm_Bears (Refuse; Resist; Rebel; Revolt!)
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To: SeekAndFind

Books aren’t dead. There are more books in print now than ever before. People just buy them online instead of at a local bookstore.


14 posted on 06/01/2013 7:31:59 AM PDT by Kirkwood (Zombie Hunter)
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To: Kirkwood

I use my Kindle when traveling, but prefer hard copy otherwise, also most books I buy and read I give away to others.


15 posted on 06/01/2013 7:33:52 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: SeekAndFind
Of course books are dead.Today's graduates can't even read their own diplomas but their self esteem,thank God,is *sky* high.
16 posted on 06/01/2013 7:54:04 AM PDT by Gay State Conservative (Leno Was Right,They *Are* Undocumented Democrats!)
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To: SeekAndFind
Barnes & Noble stock is up so much because some Congresscritters were told to buy some by somebody. It's a stock no one else would touch (I tried to short it due to the financials and took a loss months ago). Go figure.
17 posted on 06/01/2013 7:58:48 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: SomeCallMeTim

My wife has some “classic” LP Albums - no turntable or reason, especially since all the music is readily available elsewhere.
We still read paperbacks though.


18 posted on 06/01/2013 8:17:53 AM PDT by trebb (Where in the the hell has my country gone?)
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To: trebb
The audio quality of the LP converted digitally is much better.

For some reason, Itunes and other sources of pre-digitized music is not that good of quality. Bit rate seems to be secondary, too.

Playing the music directly from the turntable is much better too.

Analogous to the digital camera: for years and years and maybe even to this day, an old film camera will shoot much better quality photos than a digital camera. The digital camera offers convenience over quality.

19 posted on 06/01/2013 8:32:12 AM PDT by dhs12345
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To: SeekAndFind

Those of you who find an electronic reading screen more adaptable to your personal style, that is all right with me. Why?

I own a small growing collection of, at present, 300 books. That’s right, books. I have a ‘reading schedule’ that I keep, mentally, so that when I am not ‘out of stuff to read’. When I finish five books, I find another two to purchase for the shelf. I can list reference, cooking, mystery, history, fiction, western, sports, politics, and self-improvement.

I look at books, the way some of the previous generation of writers looked at their typewriters. “I press the key for an ‘s’, and there it is on the paper. I put it there, directly.” I am a published writer, in the times when manual typewriters (”What the heck is that?), ‘electronic word processors’, and now, in the twilight age of laptop computers, have come to be and moved on. I like the feel of the printed word. When I read, I see it, my eyes read it, my mind creates the written environment and characters of the printed page.

I suppose, to me, the book is the original ‘laptop environmental and characterization generator, version 1.0’.

I need no batteries to recharge my ‘reader’, either.


20 posted on 06/01/2013 8:48:06 AM PDT by Terry L Smith
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