Quote:
Originally Posted by Jean
Amazon wasn't necessairly loosing a lot of money either. They may have been selling some bestsellers at a loss for $9.99 but they were also making money selling $9.99 ebook versions of new to paperback releases that were selling for $6.99 - $7.99 in paper.
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A lot of those $9.99 ebooks with $6.99-$7.99 pbook equivalents had $14.99 list prices as ebooks. Sure they were making money on them, but they were still having to give a pretty good discount.