Barnes & Noble Goes Up for Sale After Heavy Income Loss- Are physical books going Extinct?

             I knew this sad, sad day would come. Barnes & Noble has announced they are putting the giant retail

chain up for sale after heavy loss of income and their stocks plummeting. They frankly lost too much money to

the e-book market, the Amazon Kindle, and the iPad. But even after selling e-books and their very own E-reader,

the Nook, Barnes and Noble wasn’t a technology kind of retail chain. They were all about the actual book and

stores that you can go in to finish your summer reading while sipping a cup of coffee. However, after their

announcement that they were going to sell the chain of book stores, stock shares went up by 3 dollars, the start

of the bidding war. Statistics show that the price per share was less than half of their normal share prices at just

$12 (statistics from July 2010); they were losing too much money.

 every 100 physical books sold. Amazon has the Kindle app for just about every device out there, Android, Mac,

Windows (I’m pretty sure), iPhone, iPad, and Blackberry. And to top that, Apple introduced their iBooks store

back in January of this year, which has over 250,000 books and is growing every day. More and more companies

are developing E-readers, including the Kindle, apps for mobile devices, the Nook, and many more. The end of

actual books is coming. That day is coming faster than you know it. (Picture down below to show Barnes &

Noble's Losses in the Stock Market.)