Quote:
Originally Posted by Gideon
They're still losing money. The publishers demand more than that per book so the book might cost Amazon $13.00 to buy from the publisher (even as an ebook, because publishers haven't adapted to the new business model) and have a list price of 15.99, Amazon would sell it for 9.99 and take a three dollar loss.
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I think the publishers are insane. You can often get a new hardcover for near half-price the week it comes out due to sales promotions, which would often put it on par with or even cheaper than what they are charging Amazon for the e-book copy.
You would think Amazon would have the clout to demand better terms, but I guess they're still walking on eggshells trying to cement the Kindle as marketshare leader.