Quote:
Originally Posted by mgmueller
Re. issue #3: As far as I read, the "big ones" take losses on the eBooks as well. $ 9.99 is widely regarded about 30% below cost. So, their competitors generate additional revenue, but most likely no profit or even a loss.
It seems to be all about market share.
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If that is correct, how long can Barnes and Noble last with the Nook? If they're not making money with the devices, nor money with the books, and they don't have additional products to offset their losses (well, they do...
paper books, which is what they're cannibalising when they pump the Nook) it must be a matter of time till they crash. Is something like that happening?