What is the Fate of Barnes & Noble?

No one expects Barnes & Noble to disappear overnight.  But will the Nook be able to grab enough ebook business from Amazon to stay alive?  According to a recent article in the NY Times, the company projected it would lose $1.40 per share in fiscal 2012, despite picking up a chunk of business in the second half of 2011 from its vanquished rival, Borders. 

So what does the future hold for this giant that put so many independent bookstores out of business?  Read the NY Times article, and make your own supposition.

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