Quote:
Originally Posted by pwalker8
IMPO, there is a lot of results oriented arguing going on. We like DRM free music so it was perfectly fine then. We like cheap ebooks, so anything that gets in the way of that is bad. The fact that Amazon was perfectly fine with agency pricing once they got Apple out of the way and Cote's order expired, which is why we now have agency pricing, seems to be ignored.
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Not to mention....the deed was done. The Kindle business was established off of the value proposition of $9.99 NYT's Best Sellers making a $400 dedicated reader device something people would buy.
By the time all of this shook out, the eInk tech was much cheaper and no longer needed to be subsidized by losing money on the best sellers.
The fact that Amazon no longer needs to lose money to sell ebooks....and doesn't have to compete on price after buying up the lionshare of the market....it's just another day in the Amazon world.