We didn’t have all the facts back then, but we reasoned this bit of mathematics out after discovering in February that Amazon will replace a broken Kindle for $180. So, that pretty much exposed their bottom line. When you look at the $359 purchase price, well you figure out the grotesque profit from there.
Read the proof at PCworld here.
I don’t have a problem with a company making a fair profit, but that kind of gouging undermines the Kindle’s adoption while slowing the eBook Revolution, yah?
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