I know! And the amazing thing is just to think about how relevant this is to Hacker News! Because when I think, gee, I wonder what technology Mega Corp is raking in the billions, this it the very first site that comes to mind!
Fair enough, however, $9.99 is no longer the common price point. Most new releases are $12.99 now, which many people think is too high, and the problem is the retailers can't do anything about it because of this "agency pricing".
I had no problem paying $9.99 for books on my kindle, but most of them are $12.99 now and I just feel like that's too much. In some cases, buying the physical hardcover is actually cheaper than $12.99 too, and that's what REALLY pisses some people off. The physical nature of the product surely is at least $1 - $2 of the actual cost of the the book, so buying it digitally gets rid of this cost.
Also, many books are destroyed if they're not sold (hence the "if you bought this book without a cover" warning in the front of many books). By moving to digital, the publishers no longer have to eat these costs.
It's bullshit because the biggest part in the price of a paper book is for printing and distribution. and VAT too in some countries, 20% instead of 5%, but it's going to change.
So the Agency pricing scheme is only changing the pocket where money goes.
And keep in mind that in countries like China, the same books cost usually $3, after translating rights, printing, distribution and publishers costs. And publishers still live on this, in a country where people buy much less books.
So what is fucked up is that someone is making money, and it doesn't even benefit the authors.
If an ebook deliver more perceived value than a paperback to its target audience, why is it bullshit to charge more for it? As has been pointed out time and time again, charge based on value, not cost.
I was going to buy a Kindle this week but this article is making me think twice. I thought it'd definitely be cheaper to buy books. What about PDFs? There are thousands of PDFs on the internet which you can get for free, is the quality of PDFs worse than books in kindle format? Do you have to scroll sideways or something? Or is the font smaller?
Yes, The Kindle can read PDFs. (I recently got a Kindle 3). However it's a second class reading experience. You can't change the font size (you can zoom in/out) etc. It's easy to convert a normal 'text pdf' to an ebook format suitable for Kindle (cf. http://www.technomancy.org/kindle/convert-books-to-kindle-fo...). If it's a PDF of scanned images from a book, then you'll need some OCR stuff.
Okay thanks, so I can assume that hypothetically if I were to download text PDF books from certain places, then convert it to Kindle format, I would then be able to get first class reading experience? Are you happy with your Kindle 3 overall? I'm considering whether to get the one with 3G, but I don't know how good the webkit browser is, what do you think of it?
I've found that PDFs kinda of stink (definitely much better on an iPad). However, txt files, and a few other ebooks formats work wonderfully. My Kindle is stocked with tons of Project Gutenberg books (that you can even download with the experimental web browser) and have found the reading experience really quite good.
I don't see why people make a big deal out of this. How often do you really need to talk AND use data at the same time? I've never, ever, ever, ever, ever had to or even had the inclination that I wished I could. I think it's one of those features that sounds cool, but in reality no one really uses.
I've often gone through the steps of saying "hold on" while on a call and launching Safari, Mail or some other app to check something that was being discussed (e.g. "Did you get my email?" "Not yet, I'll check now").
It'd be worse if you're using it as a hotspot and you're sharing the hotspot with other people.
Actually it's one limitation about CDMA that I hate. I would love to use one of the reverse lookup apps to get details about unknown callers but I can't because the operation of receiving the call means it can't simultaneously do the lookup.
I also hate having some sync operation get stopped because I get a call.
It's more annoying than you think but not a total deal breaker.
I work out of coffeeshops occasionally and use my Nexus One as a wifi hotspot to avoid unencrypted public networks (which is free for me on T-Mobile by the way). Its awfully nice to be able to take a phone call and hold on to the data connection so that I can continue working while on the call if need be.
I needed it recently--I was driving around downtown LA while talking to a friend and trying to use Google Maps (he was trying to guide me somewhere and I was having trouble finding it). In that case I happened to have spotty coverage and my phone switched to edge and so I couldn't do it and that was adding to my frustration.
Also talking on the phone and needing to look up a reference happens surprisingly often. It's really nice to have data available while talking.
For myself quite often. My boss calls me and lets me know that 'x' server is having 'y' issue. I'm on my phone's wifi hotspot so I'll log into the server and answer questions while we talk over what is going on.
I know of no such bank offering interest rates even close to that. You're talking 2.5% - 5%. That's unheard of these days. At my current bank, $1M in a money market account would generate about $2,500/year, which is nothing short of insulting. Who are these fabled banks offering 10x the interest rate?
I think your mistake is in assuming that he meant a standard, FDIC-insured savings account by "in the bank." It's not terribly hard to find ~5% dividend yields in the stock market, particularly if you look outside the United States.
Further, in the US, once you have a net worth of a million dollars, you qualify as an accredited investor, opening up a plethora of new investment opportunities to you.
ING Direct gives you 110bps, 125bps fixed rate if you are willing to tie up your money for at least 2 years. Several other internet-only banks will do the same. As for 250-500bps, I have no clue where to get that. Maybe he meant you can get 5% with a S&P ETF?
Before the subprime crash in 2007, interest rates were well in that range. I had an ING savings account(regular savings account, not a CD) with a rate that was earning me $7 per day, as opposed to now in which I get maybe $2 per month.
Especially considering these are almost all jQuery 101 tips, e.g. things people learn within the first month of using jQuery. It's not like these are crazy secrets. I was also quite put off by the "check out my book" reference in the very first sentence.
I'll just chime in here and say "I agree 100%", since all replies to so far (excluding the OP's) are basically calling you a moron. :)
Yes, the test had some serious flaws, but I imagine that removing the free plan was by far the biggest factor in the results - especially because there's no demo and no trial. I can't imagine signing up for a pay-only service if I can't even try out a demo of it before entering in my credit card.
I found value from the post, even though, yes, it is flawed.
Nice call. Not sure if I could call it my "favorite" of the year, but it's definitely a damn nice product. I used it to purchase tickets for all of the flights I took this year and was very happy with the experience.
Yeah, because everything Apple does is 100% original. For example, they don't notice someone has written a nice app for organizing your books and copy it to the point where it's almost cut and paste for their own iBooks software. Nope, Apple would never do such a thing like that.