Thread: Authors Group Urges Opposition to E-Book Settlement
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Old 06-08-2012, 06:13 AM   #65
plib
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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.
The DOJ says Amazon has consistently made money from its "e-book distribution business". So unless you, or your "business analysts" know something the DOJ doesn't......? Then your analysis is faulty or, as you admit, you really just don't know.
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