Apple Inc. (AAPL) to Acquire Barnes & Noble?

Kaled AliApple1 Comment

Apple Barnes Noble

Apple Barnes Noble

According to a report published by BGR, Apple Inc. (NASDAQ:AAPL) may be interested in acquiring Barnes & Noble. The report notes that the latest rumor has come from an “unproven source”.

We received a tip from an unproven source claiming to have knowledge of discussions within Apple to possibly purchase Barnes & Noble…
This unproven source also said that iTunes 11 would be released in September along with iOS 5 and iCloud, and will support reading iBooks on computers as well as textbook purchases and rentals.

It is safe to question what Apple would do with such a purchase, although acquiring a large bookseller such as Barnes & Noble could benefit AAPL with their e-reader approach for the iPad.

Perhaps Apple is looking to strengthen their relationship with publishers by acquiring Barnes &Noble and transforming it. Barnes & Noble stock currently places the company at a price of only $1 Billion, a small price compared to Apple’s $76 billion cash reserve. The company may have to pay more in order to acquire all of Barnes & Noble’s more than 700 stores, 600 college bookstores, eBookstore and Nook e-reader.

Apple has not yet commented on this matter, something that is still shaky and looks highly unlikely. Let us know what you think in the comments below.


One Comment on ““Apple Inc. (AAPL) to Acquire Barnes & Noble?”

  1. oelvis55

    Why then didn’t they buy Borders Books? It would probably have been just as cheap and maybe even more so since Borders went into bankruptcy.

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