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The Company's principal business is the sale of trade books, mass market paperbacks, children's books, bargain books, magazines, music and movies direct to customers.
B&N is stuck in the stone age when it comes to inventory mechanics. I can't see how they'll compete with agile AMZN, even with Nooks.
Speaking of *agile Amazon,* it may be true given the range that Amazon provided that they could start becoming a loss making business as soon as this quarter. Which means starting the new year off as a loss making business...Since President Obama and the Democratic Party refuse to eliminate EPA regulations on across state Power Plant emissions, we could see rolling blackouts and all sorts of energy price spikes....which can lead to higher Gasoline prices as people are force to power up their homes on Generators.... Which of course all hurts Amazon's business during a time in which Congress may soon pass a law forcing online retailers like Amazon to pay sales taxes. And the EURO ZONE economy is set to slow down its growth to a near recession contraction next year.That is an awful lot *Agility* Amazon will have to deal with while its finances are sitting in the red.In the meantime, Barnes and Noble isn't as GLOBAL as Amazon and also not as heavily reliant on the Internet to sell product (which requires that you actually have electricity in your home).In short...Barnes and Noble's Hybrid Bricks + NOOK strategy has many *Agility* based advantages that Amazon does'nt have.It is why APPLE opened up APPLE retail stores in shopping malls.
Hahahahahaha, that is the most paranoid comment I have ever read on the fool. I like it, but I think it is misguided. Rolling blackouts only happen to philly fire stations.
And Yet AMZN stock price just tanked today.
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