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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (130770)4/12/2012 7:50:29 AM
From: slacker711  Read Replies (1) | Respond to of 213177
 
Amazon isn't a crusading white knight in this, they are selling eBooks below cost, which, if they were another country would be called dumping.

According to the filing, e-books as a whole are profitable for Amazon. I dont see their pricing strategy as much different than a grocery store selling cheap milk to get people in the store...or better yet, Crown books selling best sellers for 40% off their cover price years ago.

As others have said, this is a drop in the bucket for Apple. I am far more interested in this as a consumer than as an investor.

Slacker



To: Road Walker who wrote (130770)4/12/2012 10:08:04 AM
From: Tumbleweed  Respond to of 213177
 
<<And, come on, when a book comes out in paperback for $5.99 or whatever, the ebook buyer still had to pay the "hardcover price". Stupid.>>

And is not a gaggle of publishers and Apple agreeing that no one else can undercut that price, whatever it is, anti-competitive?

What surprises me is that they even thought for 5 minutes they could get away with it?



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