Barnes & Noble assessment

       Depressing though it is, I can sort of appreciate Matthew Yglesias' cut-to-the-chase assessment, Barnes & Noble Still Doomed Despite Rising Profits at Slate.
       No illusions here:

There's no point in managing Barnes & Noble for long-term growth at this point. But it's not as if nobody is going to ship at a brick and mortar book store next quarter. It's just that there's no future here.

       And as a summing-up you have to appreciate the brutal honesty of:

Ideas that are lame and awful in the context of a company like Apple, make perfect sense in the context of a company where innovation and growth are clearly impossible.