Thursday, March 24, 2011

Barnes & Noble Struggles to Find a Buyer

Note: Kindle = 67% eReader market. Nook = 22%. BloggingStocks: "The biggest threat to Barnes & Noble emerged over the past few years as the more and more readers made the switch from actual books to digital books. The company's main competitor,, Inc. (AMZN) was quick to capture this market with its e-reader Kindle. Barnes & Noble have come out with their own e-reader, the Nook, but sources close to the company said that one reason buyers are backing away from a potential purchase of the company is due to the length of time it will take for the company to increase its digital sales. ... "