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Breakingviews: Lessons to be learned from Kodak and B&N

Thursday, Jan 05, 2012 - 02:48

Breakingviews columnists discuss the plights of Kodak and Barnes & Noble, two companies hobbled in different ways by technology.

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Lots of bad news out there in corporate America today Kodak looks like it's heading hurtling towards bankruptcy the same time at Barnes & Noble this month said. The attacks hit two big set to debut this really great. Hoops that we are losing a ton of money. Yes they're what's going on wheels through the year start with a big profit warning a month -- and projected certain non profit over 200 -- it -- -- here. -- down -- 151 medium -- leader. But things happen it's freaking out right markets got off there throughout West Hartford said. I've seen tiger got this great business of the book which which did really well is this -- easy to Kindle. Yeah -- -- it's the right in the -- which we've -- you know with the Kindle along you know somewhere -- I kinda -- -- business. They've really done well with that sales doubled. When you take the panel confidence. Right vice everything else. Where else does little small business you know they're they're regular -- and it's been a candidate is like this that -- Doubles and it's almost 10%. -- what if this sounds like this sort of the typical problem that a lot of company you know. Brick and mortar newspaper Wallace and -- yeah -- is definitely a -- It strikes and then suddenly get at this great little. Art but it's nothing like your core business exec he sees in these equities and record companies music books. To be you know -- always ulcers. Yeah that's wherever the -- record here -- that in the sense that. -- got -- records you know I've been sort of on this decline. And that's all but all the thought at all is bad they didn't jump on the digital they have the technology the digital camera and seven -- so -- you don't want Israel business that you know analysts. Steve Jobs if someone can do to myself. So you must do yourself so they that they that they were too slow they were there's -- -- presumably they're heading to bankers because they didn't they embrace that you have the digital. We. Meanwhile mark -- hat part of -- has jumped up and go compete compete your heart with with all doing very well right now. And you know and it and businesses still kind of grievances I guess this is very simple lesson learned -- -- company. We're looking to ease the plight of both these companies just. You're surfing the sort of digital wave doesn't actually mean done and it'll wipe out here. -- -- and and you know X I don't know what the ads are really definitely face and I have to kind of pick your product that are diving into Barnes & Noble. As a business should get better shape from the other companies doesn't have the kind of write your overhead that costs -- like that you know. Infrastructure that a Kodak -- weren't newspaper business. But but you know it's still this opens -- terrible -- and you -- really interest in seeing how you would win those two together and make the story out of it but will be back with more breaking news tomorrow.

Breakingviews: Lessons to be learned from Kodak and B&N

Thursday, Jan 05, 2012 - 02:48

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