Sunday, December 27, 2009

Kindle Milestone: Amazon Sold More Kindle Books Than Physical Books On Xmas

http://www.businessinsider.com/henry-blodget-kindle-milestone-amazon-sold-more-ebooks-than-physical-books-on-xmas-2009-12?mobile=1

Liars can figure and figures can lie.

The headline is all over the web, but does it mean anything?  I don't think many people are buying physical books on Christmas day (it might be one of the slowest days of the year), but a lot of people powered up their new Kindle...

The more interesting thing in this article is:
The Kindle's economics are still lousy for Amazon: The company loses money on new releases and makes only a modest amount on older titles, thus losing an estimated $1 per Kindle book.


Dan

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