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silentOpen
on April 22, 2009
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The True Cost of Amazon's New Kindle
It's not 50% mark-up, it's 93% mark-up: $185.49 to $359.00
MrRage
on April 22, 2009
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That depends on how you read the phrase "50% mark-up". I read it as 50% of the retail price is mark-up, the other 50% is cost.
silentOpen
on April 22, 2009
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http://en.wikipedia.org/wiki/Markup_(business)
is generally accepted.
weaksauce
on April 22, 2009
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exactly: ($new-$old)/$old gives you % change which is ~93%.
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