Good Quarter for Amazon
Revenue is up year over year, although profits were down. This caught my eye:
“I’m excited to announce that we now have more than 130,000
new, in-copyright books that are exclusive to the Kindle Store –
you won’t find them anywhere else. They include many of our top
bestsellers – in fact, 16 of our top 100 bestselling titles are
exclusive to our store,” said Jeff Bezos, founder and CEO of
Amazon.com.So 16 percent of bestselling titles are exclusive to the Kindle Store — and the
Department of Justice is investigating Apple’s iBookstore. Got it.
[I've nothing to add.]
Source: Daring Fireball
Had a Kindle for a few years. NYT subscription and many books. The times was costing me over $80 a month delivery. $20 on the Kindle. There are many books in the public domain that can be downloaded for free. It was a good buy for me.
Gerry
April 27, 2012 at 7:05 am
I believe it works for the individual, but having worked in the book business for a while I can tell you it’s not working for them. Whether that’s good or bad is another issue… but if collusion is the issue… or price fixing, or other issues related to “fair markets” the whole issue should be looked at, and not some attention grabbing headline stuff.
Daniel
April 27, 2012 at 7:37 am