Quote:
Originally Posted by stonetools
I'm afraid your analysis is faulty. Amazon's strategy is to sell ebooks AS A WHOLE at loss, in order to draw customers so that they can sell NON-BOOK items at a profit. Now, as the suit progresses, it may come out that Amazon makes money on ebooks over all. But most business analysts think Amazon is losing money on ebooks over all. Since Amazon doesn't realease sales figures, we don't know for sure, but that's the way to bet.
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Didn't the DoJ consider that in their filings and state that whilst amazon do sell some books at a loss, their overall book side of the business is turning a profit and can stand on its own two feet, it's not subsidised by the other sides of the business?
Pretty sure I read that, but it has been a while since I read the filings.