Friday, July 29, 2011

Rumor: Apple May Buy Barnes & Noble

Rumor: Apple May Buy Barnes & Noble -

Apple, Barnes & Noble, and YouBGR reports that an "unproven source" delivered a tip that Apple is considering buying Barnes & Noble for approximately $1.5 billion. Interesting idea, as Apple could absorb B&N's vast ebook library into iBooks, and possibly convert several of the retail stores into new Apple stores.

Apple certainly has the money, could this be one of the "strategic opportunities" Steve Jobs was alluding to? A move like this makes a lot of sense and would tie in nicely with growing the iBooks platform, particularly if it would expand the capabilities to buy and rent textbooks.

Again, BGR makes it clear that the source is unproven, but is allegedly someone claiming to have knowledge of discussions within Apple regarding this deal.

(Via Mac|Life all.)

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