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Old 09-26-2011, 02:26 PM   #12
OtterBooks
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Join Date: Nov 2010
Device: Kindle 4, iPad Mini/Retina
Quote:
Originally Posted by charmian View Post
"Amazon’s willingness to sell the Kindle e-reader at a loss — it dropped to $114 from $399 in less than four years — will doubtless be duplicated with its tablets. "

Is this a known fact?

"Mr. DiClemente, the Barclays analyst, is another Amazon skeptic. He thinks it will sell two million units this year. “The great thing about the Kindle is that it was really the first e-reader,” he said. “With the tablet, Amazon is a follower. That’s never as good.” "

But the Kindle wasn't the first e-reader.
People don't seem to know whether Amazon is making a profit on the device or not. One day I'll hear Amazon makes tons of revenue from hardware and another I'll hear they're taking a loss in order to sell content. I never see either claim cited with hard facts.

Then there is this "Amazon is so different from Apple because their plan is to make money from content", etc etc, as if the iTunes store does not exist.

...and the "first e-reader" comment.

I'm beginning to think that these market analysts make a living by literally just making stuff up and hopping it turns out correct, or that nobody notices when it isn't.
Same with the journalists who quote them.
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