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Old 12-30-2019, 05:00 PM   #40
pwalker8
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Posts: 7,196
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Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
Quote:
Originally Posted by DiapDealer View Post
So. Goal-post successfully moved right?
What does any of that have to do with your ridiculous statement of:

"Amazon's 'lose money to buy up market share' campaign." ?

I know that "make less profit now" doesn't really push your tired narrative as well as the completely misleading "Amazon's 'lose money to buy up market share' campaign" does, but c'mon; let's try to be just a little bit less disingenuous, huh? Amazon made profits on its ebook sales all along (even during the $9.99 bestseller days). They were never "taking a loss" on ebooks. Ever.
From the court document that Leebase linked
"...Rather than selling more expensive versions of these books upon initial release (as publishers encouraged by producing hardcover books before paperback copies), Amazon set the Kindle price at one, stable figure—$9.99. At this price, Amazon was selling “certain” new releases and best sellers at a price that “roughly matched,” or was slightly lower than, the wholesale price it paid to the publishers..."

Yea, selling something for less than you paid for it is defined as selling something for a loss. Amazon made a profit overall on ebooks because they only sold certain best sellers at a loss, not all ebooks. I don't see any goal post moving.
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