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Originally Posted by curtw
Apple did not sell digital music at a loss, hoping to "outlast" the competition.
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And apparently, if you believe the DOJ complaint, Amazon didn't sell digital
books for a loss, either. The relevant bit from the official complaint is just a few posts up.
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30. When Amazon launched its Kindle device, it offered newly released and
bestselling e-books to consumers for $9.99. At that time, Publisher Defendants routinely
wholesaled those e-books for about that same price, which typically was less than the wholesale price of the hardcover versions of the same titles, reflecting publisher cost savings associated with the electronic format. From the time of its launch, Amazon's e-book distribution business has been consistently profitable, even when substantially discounting some newly released and bestselling titles.
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