Thanks for posting this article.
After reading the article several times and with careful thought I have come to the conclusion that they are
NUTS!
"but it has also doubled and tripled its previous prices on backlist titles such Atlas Shrugged and The Fountainhead ($27.99 each)" (On Amazon, $16 elsewhere.)
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Originally Posted by GeoffC
problem could be that too many iPad newbies know nothing different and believe the iBookstore is their only source for their reading material....
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BINGO.
In one article that I read iPad, Kindle, and nook owners were, in effect, saying that they were happy with the selections from their respective "brand" stores. Price seemed to have nothing to do with their selection. Convenience was of more importance. DRM and format problems were unknown to them.
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Originally Posted by tompe
The war was started by Amazon by introducing the $10 price for bestsellers.
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That war was started a long time ago in the early dawn of economics. Lower the price and you will sell more thereby making more money. Of course too low and you go under.
Quote:
Originally Posted by tompe
No. The publishers think that Amazon's actions are destroying the market in a way that is very bad for the readers.
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Now that I know that their motives are altruistic I feel much better.