Friday, April 18, 2014

The Future - The Digital Age

Not all corporations are going to make it through the transition to the digital age. Clearly Google, Apple, Walmart, and Amazon will. They have embraced key aspects of the digital age and are positioned to prosper during the transition period and be leaders once we are fully in the digital age. That does not mean they will have problems, but they will survive and possibly even thrive. Some companies are not going to make it. I believe one such company is Barnes and Noble. They have just not been able to make the transition. Yesterday the Chairman of the company sold a big chunk of stock (and so did a bunch of other people) and the stock was down 12%. It does not look good for Barnes and Noble. They just have not figured out how to make enough money to pay the bills. They have also not been able to figure out how to deal with digital age. How many other companies are going to not make it?

What do you think?