04-30-2012, 07:37 AM | #1 | |
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Microsoft & Barnes and Noble sittin' in a tree...
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04-30-2012, 07:51 AM | #2 |
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A Nook spin off underway, step one.
Interestingly (and intelligently) they are bundling the college bookstores into the spin-off, which suggests they *correctly* undertand the next step in the ebook evolution is the academic market. Unstated, but obviously implied, is that they probably have reached an accomodation on B&N's licensing of Microsoft patents. It seems to value Nook at about $1 billion, which is about right. It'll be interesting to see if MS will have any input in the direction of "Newco" or if they're just throwing some spare change around to promote Win8 in the academic world. |
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04-30-2012, 07:52 AM | #3 | |
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A poorly written article, generally. I think the 691 number refers specifically to their college bookstores. Their regular stores total something like 700. Having been to both, I can't really tell the difference.
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04-30-2012, 07:58 AM | #4 | |
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04-30-2012, 07:59 AM | #5 | |
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What is going on is that: 1- B&N is spinning off Nook and the ebookstores into a new business. 2- MS is buying 17% of the stock of the "Newco" spinoff. 3- "Newco" will make a Nook App for Windows 8 devices (which they were going to have to do anyway) so that Win8 users can access the Nook ebookstore. 4- B&N gets $300 million to operate "Newco" for a while plus the MS co-sign for any loans "Newco" applies for. B&N gets a boost, MS gets very little they wouldn't get anyway for a trivial bit of cash. Business as usual. Edit: Oh, yes: MS has generally cordial relations with Amazon (and supply tech to Blio) so there's no need to spin this as any kind of message to Amazon. Last edited by fjtorres; 04-30-2012 at 08:05 AM. |
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04-30-2012, 08:18 AM | #6 |
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http://finance.yahoo.com/q?s=BKS
B&N stock just DOUBLED (in pre-trading) Pre-Market: 27.54 13.86 (101.32%) Friday: $13.62 a share 3 days later: $27.54 a share (in pre-trading) |
04-30-2012, 08:24 AM | #7 | |
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I wonder if this will be the push B&N needs to finally make a Nook app for Windows Phone 7? |
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04-30-2012, 08:27 AM | #8 |
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04-30-2012, 08:30 AM | #9 | ||
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Ah, there you go:
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Some analysis: http://www.forbes.com/sites/petercoh...rtner=yahootix Edit: The reason for the stock price boost: Quote:
The move was inevitable and the only way B&N could afford to make the patent lawsuit go away. (Since public whining was never going to work.) Last edited by fjtorres; 04-30-2012 at 08:41 AM. |
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04-30-2012, 08:33 AM | #10 | |
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Oh, and by the way, the poorly written article was sourced from the Associated Press, if you had bothered to read the very first line |
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04-30-2012, 08:42 AM | #11 |
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I was about to post the Gizmodo version before noticing a certain thread had been started already.
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04-30-2012, 08:45 AM | #12 | ||
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As to the number of stores, I donno. Wiki sez Quote:
Last edited by Rob Lister; 04-30-2012 at 08:49 AM. |
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04-30-2012, 08:53 AM | #13 | |
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From the Tech world:
http://www.zdnet.com/blog/microsoft/...col;subStories Sounds like a Metro Nook might be incoming: Quote:
Other possibilities for a MetroNook: Zune music and video support to counter Amazon's media stores (Zune has music *subscriptions*), XBOX Live links and Arcade Games... Hmm, the more I think of it, the more sense the tie-up makes. Especially with the College Bookstores to showcase the MetroNook. Last edited by fjtorres; 04-30-2012 at 08:55 AM. |
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04-30-2012, 09:02 AM | #14 |
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04-30-2012, 09:10 AM | #15 |
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So when will we see a Nook Tablet running Windows instead of Andriod?
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