Doubtful. This company doesn’t do anything small or halfway. I expect an aggressive opening of stores. They likely could just buy an existing set of stores or take over former Borders stores that still sit vacant.
No doubt Amazon will sell Kindles and electronics with books, but maybe they’ll turn the bookstore more into a Walmart-type store. They would do this to compete with other stores and to help them have a base from which to launch its same-day shipping/pick-up venture.
Perhaps Amazon will have 24-hour stores where, during the daylight 12 hours, they sell books – and for the other 12 hours they flip their shelves to sell everything but books.
Right now the new store is selling titles that have at least a 4-star rating, which is an interesting idea, but what if it only sold books from its own imprints or POD service, Create Space?
Amazon is now a stock that trades at over 900 times its earnings. Only a dozen stocks trade at more than. 100 times their earnings on NASDAQ, and none come near Amazon's ratio. The average stock trades at 14 times its earnings and most investors don't think a stick should trade at more than 20 times its earnings.
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