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June 16, 2009By Michael Cader

Bezos Commits to Losing Money On Kindle Editions On Multiple Devices

June 16, 2009By Michael Cader

The NYT reports more remarks from Jeff Bezos at the Wired conference: “The device team has the job of making the most remarkable purpose-built reading device in the world. We are going to give the device team competition. We will make Kindle books, at the same $9.99 price points, available on the iPhone, and other mobile devices and other computing devices.” In other words, he both perpetuates the $9.99 is our top price fallacy, and commits the company to losing money on Kindle files even when it isn’t making money on the device sales. As for why they don’t sell […]

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