Good Quarter for Amazon

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

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

Published by Daniel

In the 4th grade Daniel was asked to step in into the hall because he was coaching fellow students on a similarity assignment he provided the class. Since then, Daniel’s passion for helping people has propelled him to be a creative developer of software and systems, and a team coach who excels at successfully delivering business value. Daniel founded QuietlyHelping in 2009 in order to have a direct hand in helping families with the struggles of debilitating disease. QuietlyHelping is an organization of compassion and empathy that brings ease, comfort, smiles, laughter, healing, and love to people battling cancer and other diseases. Spare time activities include cycling, occasional work as a musician, woodworking, photography, and reading books he never got around to in school. Unsurprisingly, Daniel is able to cook minute rice in just under thirty seconds.

2 thoughts on “Good Quarter for Amazon

  1. 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.

    1. 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.

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