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(The Next Web)   Barnes and Noble to separate Nook and crater   (thenextweb.com) divider line 34
    More: Interesting, Barnes & Noble, CEO William Lynch, e-books  
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1719 clicks; posted to Business » on 25 Jun 2014 at 2:40 PM (17 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-06-25 12:05:26 PM  
No surprise here, the tablet segment is profitable, the retail segment isn't. After this, they'll restructure the retail side, close unprofitable stores (which will be most of them), and expand their university bookstore business which actually does make them money.
 
2014-06-25 02:56:00 PM  
I use the Nook app on my phone.  Since I can finally use it on flights it's all golden.
 
2014-06-25 03:08:54 PM  
Does anybody actually buy Nooks anymore over Kindles?
 
2014-06-25 03:18:37 PM  

TheGreatGazoo: Does anybody actually buy Nooks anymore over Kindles?


I have a nook that root to boot android 4.1. I then put the nook app on it....
/mind blown.
 
2014-06-25 03:19:29 PM  

whipbambucket: TheGreatGazoo: Does anybody actually buy Nooks anymore over Kindles?

I have a nook that root to boot android 4.1. I then put the nook app on it....
/mind blown.


I speak English. I just can't write it...

I rooted the damn thing.
 
2014-06-25 03:28:43 PM  

spman: No surprise here, the tablet segment is profitable, the retail segment isn't. After this, they'll restructure the retail side, close unprofitable stores (which will be most of them), and expand their university bookstore business which actually does make them money.


Actually, you have that exactly backwards.  The physical stores are profitable, the Nook is a money sink.   Read more here from a better article, but in short the physical retail stores made $354M on sales of $4.3B.    Nook had sales of $506M and losses of $218M.  Nook sales are falling, but at least they didn't lose as much as last year.

College bookstores are profitable ($1.7B revenue, $115M profit) but a small segment, and speaking as someone in higher ed the textbook world is going to undergo massive shifts in the next decade and it won't be friendly to campus bookstores.  It's already cheaper to buy off of Amazon in many cases and open source textbooks are eventually going to core out the profitable parts of the market for good.
 
2014-06-25 03:35:41 PM  

Glockenspiel Hero: The physical stores are profitable, the Nook is a money sink.


I'd always thought it was the other way around. Pity. I like my Nook.

I wonder if the Nook will end up being purchased by Amazon... not that Amazon NEEDS it, but it would give the Nook users a reason to move over to Kindle. Maybe offer a trade-in on the devices with conversion of the books that the Nook users had already purchased to Amazon formats.
 
2014-06-25 03:44:24 PM  

Glockenspiel Hero: spman: No surprise here, the tablet segment is profitable, the retail segment isn't. After this, they'll restructure the retail side, close unprofitable stores (which will be most of them), and expand their university bookstore business which actually does make them money.

Actually, you have that exactly backwards.  The physical stores are profitable, the Nook is a money sink.   Read more here from a better article, but in short the physical retail stores made $354M on sales of $4.3B.    Nook had sales of $506M and losses of $218M.  Nook sales are falling, but at least they didn't lose as much as last year.

College bookstores are profitable ($1.7B revenue, $115M profit) but a small segment, and speaking as someone in higher ed the textbook world is going to undergo massive shifts in the next decade and it won't be friendly to campus bookstores.  It's already cheaper to buy off of Amazon in many cases and open source textbooks are eventually going to core out the profitable parts of the market for good.


Makes sense I guess, but I still wonder how a physical B&M bookstore can remain profitable in the face of competition like Amazon that offers the same product at sometimes as much as half the cost. It probably explains why B&N has drastically reduced floor space for books and filled the stores with toys / games / cards / other crap.
 
2014-06-25 03:45:50 PM  

whipbambucket: whipbambucket: TheGreatGazoo: Does anybody actually buy Nooks anymore over Kindles?

I have a nook that root to boot android 4.1. I then put the nook app on it....
/mind blown.

I speak English. I just can't write it...

I rooted the damn thing.


I have a picture some where of my wife's original nook color that was rooted and then had the kindle software installed.
 
2014-06-25 03:55:32 PM  
Oh look I found it

scontent-a.xx.fbcdn.net
 
2014-06-25 03:58:18 PM  

spman: Glockenspiel Hero: spman: No surprise here, the tablet segment is profitable, the retail segment isn't. After this, they'll restructure the retail side, close unprofitable stores (which will be most of them), and expand their university bookstore business which actually does make them money.

Actually, you have that exactly backwards.  The physical stores are profitable, the Nook is a money sink.   Read more here from a better article, but in short the physical retail stores made $354M on sales of $4.3B.    Nook had sales of $506M and losses of $218M.  Nook sales are falling, but at least they didn't lose as much as last year.

College bookstores are profitable ($1.7B revenue, $115M profit) but a small segment, and speaking as someone in higher ed the textbook world is going to undergo massive shifts in the next decade and it won't be friendly to campus bookstores.  It's already cheaper to buy off of Amazon in many cases and open source textbooks are eventually going to core out the profitable parts of the market for good.

Makes sense I guess, but I still wonder how a physical B&M bookstore can remain profitable in the face of competition like Amazon that offers the same product at sometimes as much as half the cost. It probably explains why B&N has drastically reduced floor space for books and filled the stores with toys / games / cards / other crap.


Same reason people buy stuff at all the other stores.
 
2014-06-25 04:03:06 PM  

spman: Makes sense I guess, but I still wonder how a physical B&M bookstore can remain profitable in the face of competition like Amazon that offers the same product at sometimes as much as half the cost. It probably explains why B&N has drastically reduced floor space for books and filled the stores with toys / games / cards / other crap.


There are a *lot* of serious readers who want paper, and enjoy the experience of browsing books in a store rather than trying them online. My entire family still enjoys going to one when we're close.  (Nearest one is 45 minutes away)   I've mostly stopped buying paper books now but my kids and wife still do, despite everyone having a Kindle.

I expect they won't do real well outside of major cities since you need a critical mass of people to support something like a B&N, but I suspect they'll stay around longer than most people think.
 
2014-06-25 04:03:38 PM  
The nook tablet is a shiatty tablet non-rooted as the appstore sucks donkey cock. I have one but rarely use it, the nook app on my phone is how I read most of my books nowadays
 
2014-06-25 04:16:48 PM  

whipbambucket: TheGreatGazoo: Does anybody actually buy Nooks anymore over Kindles?

I have a nook that root to boot android 4.1. I then put the nook app on it....
/mind blown.


Yo dawg, I heard you like Nooks, so I gave you a Nook that you can put Nook on so you can Nook while you Nook.

/meh, it sounded better in my head before I typed it out
 
2014-06-25 04:28:16 PM  

Glockenspiel Hero: spman: Makes sense I guess, but I still wonder how a physical B&M bookstore can remain profitable in the face of competition like Amazon that offers the same product at sometimes as much as half the cost. It probably explains why B&N has drastically reduced floor space for books and filled the stores with toys / games / cards / other crap.

There are a *lot* of serious readers who want paper, and enjoy the experience of browsing books in a store rather than trying them online. My entire family still enjoys going to one when we're close.  (Nearest one is 45 minutes away)   I've mostly stopped buying paper books now but my kids and wife still do, despite everyone having a Kindle.

I expect they won't do real well outside of major cities since you need a critical mass of people to support something like a B&N, but I suspect they'll stay around longer than most people think.


Perhaps so, but I really see them as more of a showroom for Amazon, similar to what Best Buy has become. Anything I order on Amazon is at my door the next day if I order it before 5 PM, so unless you're super impatient and absolutely need something right away, I don't see why anyone would drop the extra money and buy at B&N, especially since most best sellers are also available cheaper at Wal-Mart, Costco, and Target.
 
2014-06-25 04:29:27 PM  

Communist_Manifesto: The nook tablet is a shiatty tablet non-rooted as the appstore sucks donkey cock. I have one but rarely use it, the nook app on my phone is how I read most of my books nowadays


Nooks have the regular google play store on them. Since they have that and b/n slashed the price of the HD+ to $150 it's just about the best deal out there.
 
2014-06-25 04:48:07 PM  
As I got a nook for Christmas three years ago, I'm getting a kick....

\my main complaint is that the selection isn't always the best, and there's not too much in the way of classic books in their market
 
2014-06-25 05:24:41 PM  
Yea, but whats the point of a Nook? Just get a Nexus, and you've got the android experience out of the box.
 
2014-06-25 05:35:14 PM  

spman: Glockenspiel Hero: spman: No surprise here, the tablet segment is profitable, the retail segment isn't. After this, they'll restructure the retail side, close unprofitable stores (which will be most of them), and expand their university bookstore business which actually does make them money.

Actually, you have that exactly backwards.  The physical stores are profitable, the Nook is a money sink.   Read more here from a better article, but in short the physical retail stores made $354M on sales of $4.3B.    Nook had sales of $506M and losses of $218M.  Nook sales are falling, but at least they didn't lose as much as last year.

College bookstores are profitable ($1.7B revenue, $115M profit) but a small segment, and speaking as someone in higher ed the textbook world is going to undergo massive shifts in the next decade and it won't be friendly to campus bookstores.  It's already cheaper to buy off of Amazon in many cases and open source textbooks are eventually going to core out the profitable parts of the market for good.

Makes sense I guess, but I still wonder how a physical B&M bookstore can remain profitable in the face of competition like Amazon that offers the same product at sometimes as much as half the cost. It probably explains why B&N has drastically reduced floor space for books and filled the stores with toys / games / cards / other crap.


The closest Barnes and Noble to me is closing at the end of the month.  There's another one about 20 minutes away though that's staying open for now.  I have never bothered to purchase a Nook but received a Kindle Touch for a Christmas gift a few years ago.
 
2014-06-25 07:09:08 PM  

FriarReb98: As I got a nook for Christmas three years ago, I'm getting a kick....

\my main complaint is that the selection isn't always the best, and there's not too much in the way of classic books in their market


you want classics?  Here have at it for free.http://www.gutenberg.org

johnnyrocket: Yea, but whats the point of a Nook? Just get a Nexus, and you've got the android experience out of the box.


The e-ink readers are excellent to read off of.  Runs for weeks on a charge and can be read I'm all light.
 
2014-06-25 07:20:56 PM  

akula: I'd always thought it was the other way around. Pity. I like my Nook.


I wonder if there would be any demand for a tablet that had both types of screens. E-ink on one side, and a LED on the other side.

Detects which side is facing up and switches between tablet/book mode.

/// I would buy one if the specs were decent, then I wouldn't have to carry my nexus 7 and kindle around on flights.
 
2014-06-25 07:29:11 PM  

TheGreatGazoo: Does anybody actually buy Nooks anymore over Kindles?


I passed up a Kindle for a Nook (rooted) for a few reasons:

1. I don't have to convert to MOBI

2. My rooted Nook never "calls home" to let Amazon know what I'm reading.

3. Amazon has a nasty habit of giving over records to law enforcement w/o a subpoena. I'm not reading anything subversive, I just don't like the fact that a company or the government is keeping track.

Don't get me wrong, I love having an e-reader. (I was someone who said they'd never use one.) They just have their place. I still take physical books if I'm working or visiting friends in certain parts of town. And I really like the fact that I don't need to stack even more boxes of books in my hoarder-like bedroom.
 
2014-06-25 07:39:04 PM  

Burn_The_Plows: I passed up a Kindle for a Nook (rooted) for a few reasons:

1. I don't have to convert to MOBI

2. My rooted Nook never "calls home" to let Amazon know what I'm reading.


I have a nook color (rooted) and two kindles.

I don't have to convert to MOBI, and neither of them can 'phone home' to the best of my knowledge, since they're always in airplane mode and don't have the passkey to my network anyway.

// one of them does have whispernet though, so I suppose that one could be phoning home on its own (assuming it runs when in airplane mode). But I'm sure some white hat would have already detected that and raised a stink a long time ago.

// Caveat: I mostly read .txt files and .pdf files, err, most of the books I read are from project gutenberg, I don't recall what format I grab those in (probably .mobi) ... I put about 100 or so books onto my kindles and have been reading through them since. So I haven't added anything in a while.
 
2014-06-25 08:32:00 PM  
I miss book stores and video stores.
 
2014-06-25 09:34:01 PM  

elpresidenteALO: Communist_Manifesto: The nook tablet is a shiatty tablet non-rooted as the appstore sucks donkey cock. I have one but rarely use it, the nook app on my phone is how I read most of my books nowadays

Nooks have the regular google play store on them. Since they have that and b/n slashed the price of the HD+ to $150 it's just about the best deal out there.


I had an HD+ and it was kind of crappy. It was bulky as hell, the processor was kind of slow even when rooted, and it ran hot. I thought it was a good deal initially, but after time it just was a bit of a PITA to deal with.

I sold it and got a 2013 model Nexus 7 and have been MUCH happier. Faster, smoother, lighter, and updated on a regular basis. You really get what you pay for, and I think the few bucks you save isn't worth the hassle.
 
2014-06-25 09:59:44 PM  

Mad_Radhu: elpresidenteALO: Communist_Manifesto: The nook tablet is a shiatty tablet non-rooted as the appstore sucks donkey cock. I have one but rarely use it, the nook app on my phone is how I read most of my books nowadays

Nooks have the regular google play store on them. Since they have that and b/n slashed the price of the HD+ to $150 it's just about the best deal out there.

I had an HD+ and it was kind of crappy. It was bulky as hell, the processor was kind of slow even when rooted, and it ran hot. I thought it was a good deal initially, but after time it just was a bit of a PITA to deal with.

I sold it and got a 2013 model Nexus 7 and have been MUCH happier. Faster, smoother, lighter, and updated on a regular basis. You really get what you pay for, and I think the few bucks you save isn't worth the hassle.


I got a kindle fire hd 7 (2nd gen?) as a gift that I rooted to get the play store on. It works decent, but if would have had to spend my own money i definetly would have gotten a nexus 7.
 
2014-06-25 10:28:49 PM  

Saiga410: The e-ink readers are excellent to read off of.


Yup. I love my e-ink nook (Simple Touch with glowlight). Easy on the eyes, light on the battery, and the internal illumination is extremely convenient. I have an iPad (gen 4), and while it's not bad to read on (great screen), the battery life isn't even in the same sport, let alone the same league, and it's just not that useful outdoors.
 
2014-06-25 11:14:28 PM  

lordargent: akula: I'd always thought it was the other way around. Pity. I like my Nook.

I wonder if there would be any demand for a tablet that had both types of screens. E-ink on one side, and a LED on the other side.

Detects which side is facing up and switches between tablet/book mode.

/// I would buy one if the specs were decent, then I wouldn't have to carry my nexus 7 and kindle around on flights.


There was a company called Pixel Qi that made a screen like this
 
2014-06-25 11:20:10 PM  

lordargent: akula: I'd always thought it was the other way around. Pity. I like my Nook.

I wonder if there would be any demand for a tablet that had both types of screens. E-ink on one side, and a LED on the other side.

Detects which side is facing up and switches between tablet/book mode.

/// I would buy one if the specs were decent, then I wouldn't have to carry my nexus 7 and kindle around on flights.


there was the pixel qi which had both screens in one. never took off
 
2014-06-25 11:30:08 PM  

zedster: There was a company called Pixel Qi that made a screen like this


I remember those guys, but they were making a hybrid LCD/Reflective display.

It never reflected as much as an e-ink pearl display, nor was it as brightly light as a LCD display.

https://www.youtube.com/watch?v=5UEqd-AnGeI

Whereas I'm thinking of a device that has TWO screens (one on either side).

// the last I heard, they switched over to military applications
 
2014-06-25 11:34:37 PM  
^ also found that their displays still drew power even in reflective mode.

"But unlike an E Ink display, even in the reflective mode, Pixel Qi's display burns power. E Ink displays don't consume power while you are reading the text on the screen. It just draws power when you turn the page. Pixel Qi's display keeps refreshing at 60 Hz per second so it can't offer the week-long battery life that an E Ink-based reader does."

Ouch
 
2014-06-25 11:45:20 PM  

Glockenspiel Hero: College bookstores are profitable ($1.7B revenue, $115M profit) but a small segment, and speaking as someone in higher ed the textbook world is going to undergo massive shifts in the next decade and it won't be friendly to campus bookstores.  It's already cheaper to buy off of Amazon in many cases and open source textbooks are eventually going to core out the profitable parts of the market for good.


College bookstores will be fine, since they mostly exist to sell branded school merchandise to prospective students, parents, and athletic team fans. Where else can you get a Whassamatta U shot glass or hoodie?
 
2014-06-26 07:26:52 AM  

Glockenspiel Hero: Actually, you have that exactly backwards.  The physical stores are profitable, the Nook is a money sink.   Read more here from a better article, but in short the physical retail stores made $354M on sales of $4.3B.    Nook had sales of $506M and losses of $218M.  Nook sales are falling, but at least they didn't lose as much as last year.


The physical stores have incredible long-term liabilities affecting share prices.  They'd be Circuit City if books depreciated as quickly as electronics do.  BBY is facing tough times, too.  Part of it is lag from the real estate bubble.

Glockenspiel Hero: College bookstores are profitable ($1.7B revenue, $115M profit) but a small segment, and speaking as someone in higher ed the textbook world is going to undergo massive shifts in the next decade and it won't be friendly to campus bookstores.  It's already cheaper to buy off of Amazon in many cases and open source textbooks are eventually going to core out the profitable parts of the market for good.


The picture isn't terribly rosy in the college stores, either.  It's going to be twenty years before the Millenials' kids once again really swell college enrollments.  Many smaller private schools have started closing down;  there just aren't students to support them, anymore.  For the branded stores that sit on closing campuses, breaking the leases is easy.  For the branches in strip malls just off campus, they're on the hook for those leases.

As for B&N overall, I still think this is a forked road to Chapter 7.  The Borders buy (and subsequent liquidation) a couple years ago allowed them to offload a considerable amount of debt, but other than some in-mall stores, not a lot in terms of lease liability.  At the time, Nook and their website looked to be the profitable futures.  Now, even those don't look good.
 
2014-06-26 08:28:45 AM  

TheGreatGazoo: Does anybody actually buy Nooks anymore over Kindles?


My wife (who is not a tech person) bought a Nook from a friend who had switched to a Kindle, and she loved
it so much she bought one new.

Different strokes, but I agree that the Kindle is a much more flexible platform.  Personally, though, I prefer
a straight-up tablet for maximum flexibility and minimal ties to a specific provider.
 
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