MobileRead Forums - View Single Post - 10/13/09 Article: How Sustainable is the Kindle’s Early Success?

Xia · 10-13-2009, 03:59 PM

Article: How Sustainable is the Kindle’s Early Success?
http://www.moneymorning.com/2009/10/13/amazon-kindle/

Here's a quote from it that I found interesting, and I wonder how reliable their info is (emphasis is mine):

"Even though e-books are heavily discounted compared to their hardback equivalents, they are wildly profitable – costing Amazon just $1.50 per book, Credit Suisse Group AG (NYSE ADR: CS) analysts estimate. And that margin is expected to improve as Amazon’s costs come down by 2012, when its profit on e-book sales alone will soar to $31 million."

10-13-2009, 03:59 PM	#1
Xia Zealot Posts: 148 Karma: 1112 Join Date: Sep 2009 Location: Insomnia Device: Kindle 1 (x2)	10/13/09 Article: How Sustainable is the Kindle’s Early Success? Article: How Sustainable is the Kindle’s Early Success? http://www.moneymorning.com/2009/10/13/amazon-kindle/ Here's a quote from it that I found interesting, and I wonder how reliable their info is (emphasis is mine): "Even though e-books are heavily discounted compared to their hardback equivalents, they are wildly profitable – costing Amazon just $1.50 per book, Credit Suisse Group AG (NYSE ADR: CS) analysts estimate. And that margin is expected to improve as Amazon’s costs come down by 2012, when its profit on e-book sales alone will soar to $31 million."