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padfun

(1,897 posts)
5. How did they determine value?
Fri Mar 4, 2016, 08:02 AM
Mar 2016

"More than $250 million worth of e-books"

And we know that How? I have a 10 year old bicycle here worth 59 Million (because I say so.) I'll bet they base this on some MSRP so that they can put a bumped up value on it. I'll bet many hardback versions are sitting in 25 cent bins in thrift stores.

Hard drives are cheap and digital streams are quickly downloaded. Putting a value on them is totally arbitrary.

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