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Separating Nook would bring a host of challenges, including thorny questions over how the spun-off company would operate. Would Bill Lynch lead it? Would it still be a part of Barnes and Noble operations? Would it trade on its own and have separate finances?

If Barnes and Noble decides to sell all or a part of the Nook business, Norris said he could see the bookseller buying it back within the decade, just as it did with the dotcom brand.

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    These three formats have emerged as THE standard for ebooks, mobile applications, and chip architecture. Barnes and Noble was smart to build it’s nook platform on all three of these standards from day 1. In fact- you could say the original nook 3G was the first android tablet- even beating the Ipad to the market.

    While Barnes and Noble does not control these standards- epub is owned by a non-profit standards committee android is owned by Google, and ARM is it’s own company – simply building the platform to adhere to them greatly reduces the chances that the product will become irrelevant.