> Still, those B&M stores in America are incredibly popular
They're actually an albatross. Ask Borders how popular physical book stores are. B&N is only still alive because of its digital business. Barely alive too, Amazon is 150x larger in terms of market cap. Digital sales are up, physical sales are down and at the end of the quarter they are losing a lot of money.
The Kindle line is sold in Target. I'd wager Targets are more popular and will be around longer than B&N. Even better, it doesn't cost Amazon a dime to keep Target stores open.
Agreed. I can't help but think Apple has to be paying Target something for the 10 foot long Apple-branded cases/displays for the iPad/iPod lines. Maybe Target would pay for that themselves to have the privilege of selling ipads, but I'd be less surprised if Apple was paying for the space.
They're actually an albatross. Ask Borders how popular physical book stores are. B&N is only still alive because of its digital business. Barely alive too, Amazon is 150x larger in terms of market cap. Digital sales are up, physical sales are down and at the end of the quarter they are losing a lot of money.
The Kindle line is sold in Target. I'd wager Targets are more popular and will be around longer than B&N. Even better, it doesn't cost Amazon a dime to keep Target stores open.