Quote:
Originally Posted by PatNY
Prior to 2009 and Apple's illegal conspiracy with the publishers, Amazon was selling ebooks more or less at cost. It was only immediately prior to the illegal conspiracy or concurrent with it -- sometime in 2009 -- that Amazon's costs suddenly exceeded their $9.99 price point by several dollars per book. And this happened because the publishers suddenly withdrew wholesale ebook pricing from Amazon, instead charging for ebooks what they charged for hardcovers.
So this idea that Amazon was taking a huge hit with their ebook pricing prior to 2009 (up to $5 loss per book) and this was "typical" of their history with ebook pricing, is not supported by facts.
--Pat
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I'm afraid that the facts don't really support your statement. First off, agency pricing was implemented in 2010. Second off, as the article that I linked to earlier shows, Amazon's cost did not suddenly go up, they were selling at a loss well before agency pricing was suggested. If you have any documentation that supports what you are asserting, then by all means, please link to it, I would love to see it.