We didn’t have allÂ the facts back then, but we reasoned this bit of mathematics out after discoveringÂ 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 fairÂ profit, but that kind of gouging undermines the Kindle’s adoption while slowing the eBook Revolution, yah?