Is Amazon Preparing for Apple?

Jan.20, 2010 in Software

Amazon’s New Plan for eBooks: 70% Cut For Publishers, $10 Max Price – “Amazon’s finally got some competition—and may be about to get even more—so they’re doing everything they can to stay competitive, and to keep publishers happy. This means higher revenue cuts, but also new rules. Interesting rules. The new system works like this: If they elect to publish under this new program, publishers are entitled to 70% of a books sale price, minus delivery costs, at $0.15/MB. (Amazon says the average book size now is about 368k, which would cost six cents to deliver). This is practically an inversion of their current scheme which saw publishers getting less than half of the book’s sale price, so on the surface this is a very good thing.”

What is the Geek Coefficient?

Geek- A person who is interested in technology, especially computing, electronics and new media.

Coefficient - A multiplier or factor that measures some property.

Geek Coefficient - A quantity by which a given number of ordinary people are now considered geeks!