Amazon Doesn't Need To Profit From eBooks

Amazon is making it hard for brick-and-mortar book retailers like Barnes & Noble to compete, because they have the luxury of not needing to make money from eBooks.

This topic was addressed in a panel of analysts today at Digital Book World called “What’s the Future for Brick-and-Mortar Bookstores?.”

Marianne Wolk, Amazon Analyst, EVP, at Susquehanna Financial Group, said: “Amazon seems to have little to no profits on eBooks right now as they compete for market share, which makes it very difficult for Barnes & Noble.