Quote:
Originally Posted by binaryhermit
IIRC Amazon made money on early Kindle HW and sold eBooks at a loss, now they're able to sell Kindle HW near cost and make a profit off the cut of the eBook price set by the manufacturer thanks to Apple's illegal collusion forcing agency on them)
|
They sold individual eBooks as loss-leaders, but did not make a loss on eBooks in general.
But as a general point, yes, as market leaders agency pricing probably benefits Amazon overall, as it means there is no reason for anyone to ever look anywhere else for a cheaper copy.