“So far, e-readers and e-books haven’t added up into a cash cow. Mulvihill describes the store’s profit on each Kobo device sold as “truly negligible” and says it might make $1 on a $10 e-book. “We’re used to selling a $10 book and making $4 or $4.50,” he says. And it’s not making up for the tight margin in volume: Since November 2012, the store has sold around 110 e-readers and collected commissions on 700 e-books.”Time
In other news, June bookstore numbers fell 9.5%
“Just as a sender of a letter to a business colleague cannot be surprised that the recipient’s assistant opens the letter, people who use Web-based email today cannot be surprised if their emails are processed by the recipient’s [email provider] in the course of delivery,” the motion reads in part. “Indeed, ‘a person has no legitimate expectation of privacy in information he voluntarily turns over to third parties.’”
That, of course, is an inaccurate analogy. The correct analogy is don’t be surprised if the postal service or delivery service opens your mail and reads it.