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Old 04-27-2012, 07:43 AM   #71
TimW
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Quote:
Originally Posted by Sil_liS View Post
In theory the price could have been $25. It's just that they were discounted.
According to the DoJ lawsuit, ebooks were discounted a bit more than 50%. Under item 30 of the document:
Quote:
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.
(emphasis mine)

Last edited by TimW; 04-27-2012 at 07:46 AM. Reason: Added one sentence to quote.
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