Microsoft Corporation (MSFT), Barnes & Noble, Inc. (BKS): Is Windows Behind the NOOK Fire Sale?

Page 1 of 2

Microsoft Corporation (NASDAQ:MSFT) got itself waist-deep with Barnes & Noble, Inc. (NYSE:BKS) in spring 2012 when it shocked a lot of people by paying $300 million for a one-sixth stake in Nook Media LLC, the subsidiary of Barnes & Noble that was going to produce the NOOK e-readers and related digital content. What made the deal even more surprising were a couple of things – first, the devices were going to run on the Android operating system by Google Inc (NASDAQ:GOOG) and not a Windows platform; and the alliance seemed especially interesting in that the deal came in the middle of a series of lawsuits between the companies, accusations being thrown hither and yon over patent being infringed and prior art claims. Suddenly, this deal meant Kumbaya for all involved?

Microsoft Corporation (MSFT)The more drama came about after the holiday season last winter, when the NOOK bombed as a device. While it was lauded for its quality as hardware, it never really matched up in the competitive table market with Kindles, iPads, iPad Minis, Nexus 7 and Nexus 10 tablets flooding the market. As an e-reader, NOOK stood up well technically, but sales were abysmal, and it seemed that Microsoft Corporation (NASDAQ:MSFT) would lose much of its $300 million stake in Nook Media while Barnes & Noble, Inc. (NYSE:BKS) pondered jettisoning the Nook division and pulling out of the Nook Media venture altogether. Then there was talk that Microsoft was considering buying the Nook Media enterprise for $1 billion, though that rumor was debunked here in our newsroom a couple days later.

Barnes & Noble, Inc. (NYSE:BKS) is now establishing a fire sale for its existing NOOK inventory, selling its 8-gigabyte NOOK HD and NOOK HD+ devices for up to 45 percent off their original retail prices. But with Microsoft Corporation (NASDAQ:MSFT) still hovering around with its investment in Nook Media, the question is once again being raised – does Microsoft have interest in NOOK in some form?

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

The 10 Biggest Tax Havens in the World to Stash Your Money

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!