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by firefoxman1 5345 days ago
Yeah, how about losing money on every book sold back when they started? It seemed to work for them.
1 comments

Amazon has never said no to paying a dollar of fixed overhead to generate $1.01 in lifetime marginal profit. Amazon is also willing to write down the first 5 years of a product's life as overhead. That is JeffB's genius (along with the ability to get the accounting right on these razor thin margins).