The Market Now

Posts tagged: Amazon

A deluge of cut-rate paperbacks in the electronic age.

Photographer: Marco Cristofori/Getty Images

A deluge of cut-rate paperbacks in the electronic age.

What Happens When People Stop Buying Books They Don’t Read?

Imagine media content, in all its forms, as a carnival shooting range, and the Internet as an air rifle filled with unlimited ammunition. Boom, pow! First the music business duckie falls over. Yaarsh! The movie duck is grazed, keeps moving.

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No matter how fast Tim Cook paddles, he can't match the ease with which Jeff Bezos floats down the Amazon.

Photographer: Adriano Machado/Bloomberg News

No matter how fast Tim Cook paddles, he can't match the ease with which Jeff Bezos floats down the Amazon.

Apple’s Profit vs. Amazon’s Promise

Amazon founder Jeff Bezos has a net worth of $25.3 billion. Since it first turned a profit in 2002, Amazon has reported about $5.4 billion in earnings. Think of it this way: if Bezos had taken out every penny in...

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