Here’s an economic conundrum for you: as you’re probably aware, Amazon has a base-model Kindle for $79. But according to this article, it costs them $84 to make. And that’s before packaging and shipping! So how does this make sense? Amazon often seems to exist in an economic reasoning-free zone, especially when you consider their pricing [...]

It’s worth watching – and talking about Amazon’s moves this week. First, they announced they were applying for patents to insert ads into e-books. Then they disclosed that the Kindle 2 has fracture and breakage issues… which they will be happy to replace for $200. Then they deleted e-books from people’s Kindles. Some of this [...]