Friday
Jan082010
Barnes and Noble's Pathetic Online Results $BKS #Nook #Kindle
Friday, January 8, 2010 at 12:06PM"Barnes & Noble.com sales increased 17% for the holiday selling season and totaled $134 million. Barnes & Noble.com sales include nook™ revenues recognized since the product began shipping after Thanksgiving." Source: BKS' press release 1/7/2010
17% growth on a $115 million sales base and all that while the company introduced its supposedly hot e-reader. That is pathetic. But management is pleased. You must be kidding me. BKS can do much better but I doubt it can. Am I wrong on BKS? If so tell me why.
Reader Comments (3)
It's definitely becoming a crowded marketplace
http://www.ereaderuniverse.com
Jerry, I agree with your post.
Just tried to pre-order a book from their website for the second time in two days using paypal and their ordering page stops and does nothing. Now that's pathetic. No wonder they're going out of business.