Thread: Kindle Owners - Did you own a Sony Reader?
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Old 11-26-2007, 03:26 AM   #14
HarryT
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Quote:
Originally Posted by runciter View Post
I agree. The price of ebooks is outrageous. They seem to be stuck in the same mentality of the music, movie and tv industry WRT digital media. According to "several publishing executives" the wholesale price of a $20 ebook is $10 so obviously Amazon is not making any money on the sale of ebooks, but they hope "to make money on older titles that have better profit margins."
If the wholesale price of a book is $10, what would you consider a reasonable retail price to be, given the fact that it costs money to run the web site and distribution system, plus the fact that they have to make a reasonable profit in order to stay in business?
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