APPLE guilty on price fixing

[Ail]

famousringo said:

Ail said:

Fact is price of most e-books went up instantly around 30% the day Apple entered the market.

Now if all of you find that ok, you have just been brain washed way too much...

Those prices were not sustainable in the first place. You think Amazon was going to take a 30% loss on book sales forever? How naive.

Amazon never sold e-books at a loss. They had some titles selling at a loss ( mostly bestsellers) but overall they were not making loss on the e-book business.( hardware not included, the original kindle was most likely sold at a loss)

 

As for poor Barnes and Nobles sorry but I am not going to shed a tear for a company that killed most of the independant bookstores in the country by selling bestsellers at close to a 50% discount.  Don't whine about companies doing to you what you did to others companies..........