Thread: Authors Group Urges Opposition to E-Book Settlement
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Old 06-07-2012, 04:49 PM   #43
JSWolf
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Quote:
Originally Posted by stonetools View Post
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.
But part of the new system is eBooks cannot be sold at a loss. Amazon would have to make money on them.
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