The Banking and Strategy Initiative

Chillin' out till it needs to be funded

The Retail Lifestyle Champions: Amazon gets one back on the digital resolutionaries

The $829 64 GB new retinal resolution iPad (2k X 1.5k resolution) may be a gamechange but the Kindle strategy got one back when DOJ announced earlier that Apple would likely be actioned for having manipulated prices in e books with 5 top publishers. Free Enterprise does not extend to getting your partners to arm twist Amazon to raise prices on eBooks to ads higha $14 from an average $10 for premium e-reading material on Kindle

Department of justice has publicly threatened to sue Apple and 5 publishers for colluding to keep prices high. BTW, Apple’s margins on the IiPad are just $300 or half of what it earns on the iPhone


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