Quote:
Originally Posted by J. Strnad
I'm taking all Amazon sales figures with a grain of salt. Since there's no substance to the claims in the form of actual statistics, we can't really trust the conclusions.
As L. J. says, we don't know if they're talking units or sales or profit or what, exactly. Do free ebooks count as sales? What about all of those short stories sold separately?
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Amazon is always very specific that its unit sales for ebooks do NOT include free books. They's said it over and over: what's not to believe?
In the analyst call, Bezos was specific that the trumping of pbooks by ebooks at Amazon was BOTH in unit sales AND in revenue even while units sales and revenue of pbooks continued to grow.
Regarding the Citibank analyst estimates, another poster here claimed: "So that chart is totally guesswork." Just like the work of credible research firms, this same poster thinks their work is garbage. The reality is the handful of analysts who follow a stock for a living get inside information, as do the handful of big research companies, to ensure that their views are "in the zone".
It is NOT in Amazon's best interest to have a lot of phony info floating around; nor can it issue statements that are phony because people can and do go to jail for false statements regarding the companies they work for. (Oh, if that only applied to politics!)