Quote:
Originally Posted by Ralph Sir Edward
BOb, the economics aren't there for a small number of books.
How should I cost it, say, tommorrow? $300 for the one book I'll get read by then? <Shrug> All the rest free over the next several years? I guess I go with the "sunk cost" method, because I sent the money whether I read the books or not.
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Yes, I em understand math... but I think this formula:
Total Spent on reader + Total Spent on eBooks / Number of eBooks read
... or cost per book read is a much more correct number than:
Total Spent on reader + Total Spent on eBooks / Number of eBooks in library
... or cost per book in library. Because I could download 10,000 ebooks or get the Pagoda DVD or whatever.... and my cost per book acquisition would be much lower.
So, yes, you have to include all the books you bought in the cost... but only amortize the full cost by books READ not books D/Led for a real cost. You would do the same thing for pbooks... Total Cost of all books / Books Read. To me that is the more interesting number...
Am I babbling?
BOb