Readersforum's Blog

December 20, 2011

Will publishers kill Amazon’s golden goose?

Filed under: e-tailers — Tags: , , , , , — Bookblurb @ 5:08 am

(Sarah Tew/CNET)

By Erik Sherman
Amazon , which usually doesn’t get too specific about details of its sales, apparently felt the need to crow about the Kindle. The company claims to have sold 1 million a week for the past three weeks.

It’s hot news, fueled in no small part by the Kindle Fire tablet. But while Amazon congratulates itself and tries to intimidate would-be competitors, publishers are potentially pouring cold water on the retailer’s ardor. E-book prices are rising, according to a Wall Street Journal report. And that could come back to hurt Amazon, as well as Barnes & Noble, as the interplay of e-book and e-reader prices could start to make the devices far less desirable for consumers.

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