Quote:
Originally Posted by nekokami
Based on the effect of the Kindle program on ebook prices at Sony and BooksOnBoard, I'd say the Kindle is a good thing for ebooks generally.
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I hope this is correct. But I worry when I see a smart gorilla like Amazon entering a market and investing in its long-term future by intentionally taking a loss for several years by severely undercutting its competition (e.g., Sony) on prices. It's the same practice Amazon took with pbooks and they stuck it out long enough to survive and win. This same move with ebooks will definitely hurt Amazon, Sony, BooksOnBoard, etc. and I expect some will eventually disappear. If they can ride it out, the increase in ebook customers will be beneficial for the survivors and for us, too.