Cory Doctorow's craphound.com

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  1. It is perhaps not surprising that Amazon refuses to share basic data with publishers, whom it clearly perceives as rivals. What's astonishing is that Amazon's INVESTORS aren't demanding more information. AMZN's forward price-to-earnings ratio is over 100: investors are willing to shovel in cash, billions of dollars, with no current expectation of getting it back out of earnings.

    Are they hoping to make it all back when the company achieves a complete monopoly, and can raise prices freely? Who knows?

    Anyway, despite the paucity of official data, one can still work with publicly available information to come up with some interesting figures. Here's one: in 2012 the average e-book earned its author just $297.

    Source: http://www.mikecooper.com/2013/04/average-e-book-earned-just-297-last-year/

    That's a lot less than Amazon's earnings.

    Comment by Mike Cooper — April 28, 2013 @ 7:17 am

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