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Originally Posted by Shaggy
Whew! Thank god somebody has finally solved that "problem". It was such a hardship having to read all of my books without advertisements in them.
I guess it wouldn't have looked as good if it said "Three Amazon inventors set out to correct what they felt was a real problem: Amazon isn't making enough money yet."
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Well, if you get technical. Amazon is a typical retailer: their net profit margin was only 3.4% in 2008 (
http://www.google.com/finance?q=NASDAQ%3AAMZN ). If they are heavily subsidizing ebooks to get to the 9.99 price that certainly isn't helping their profits.