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Does Apple have any interest in buying Barnes & Noble?

We received a tip from an unproven source claiming to have knowledge of discussions within Apple to possibly purchase Barnes & Noble. While this might seem like a strange move at first, it actually makes a whole lot of sense. Apple would be able to take Barnes & Noble’s vast digital library of books and publications, and fold them into Apple’s own iBooks store. Apple would have no use for the NOOK, and that would likely be discontinued in this scenario. Apple could then convert some of the brick and mortar Barnes & Noble stores into Apple stores and close the rest. It’s out there, and with a price most likely around $1 billion to $1.5 billion, it might be a stretch (though it would barely make a dent in Apple’s giant pile of cash). It also almost makes too much sense for Apple to do this, said another source of ours, mentioning that Apple doesn’t make moves that appear logical to most outside observers at the time. 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.

Jonathan Geller founded Boy Genius Report, now known as BGR, in 2006. It became the biggest mobile news destination in the world by the end of 2009, and BGR was acquired by leading digital media company PMC in April 2010.

Jonathan is President of the newly formed BGR Media, LLC., and Editor-in-chief of the BGR website.

What started as a side project at the age of 16, quickly transpired into 24-hour days and nights of sharing exclusive and breaking news about the mobile communications industry. BGR now reaches up to 100 million readers a month through the website, syndication partners, and additional channels.