Thread: Analyst: Amazon Is Losing Its Shirt
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Old 12-10-2009, 09:37 PM   #37
charleski
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Quote:
Originally Posted by wallcraft View Post
See No, Amazon Does NOT Lose $2 Per Kindle Book Sold for a detailed summary of where Amazon makes money on ebooks.
Hahaha, that blog post is ridiculous. Yeah, I'm sure Kindle books are making money for Amazon on some small-press, long-tail works, but the guy himself admits that when it comes to the majors, "The really big guys–Random, Hachette, S&S. Here, Amazon is supposedly losing money. And they probably are in some cases." Guess what? The majors are what count and represent the vast majority of Amazon's throughput. Doh!

If anyone thinks that Amazon's profits are founded on older works and small-press runs that are lucky to sell a few thousand of any particular title in a year, then I have a bridge to sell you.
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