Am*zon’s Calling. Who’s Answering?

Can Am*zon slay Hachette with a phone? While independent booksellers and publishers wait to see if the multinational publishing house can keep the monopsonistic retailer from fully plundering publishing, the book industry and merchants of all kinds are watching nervously to find out if Am*zon’s new phone will indeed, as The New York Times suggests, “close any remaining gap between the impulse to buy and the completed act.” But Wall Street’s not anxious about Am*zon’s announcement today.As Am*zon customers propel the retail giant ever closer to the exclusive $100 million revenues club, investors ignore Am*zon’s barely measurable profits, giving Jeff Bezos unprecedented financing to take over the world. Bezos is undaunted by formidable challenges such as, say, breaking into the cell phone market where Blackberry is a footnote and Apple and Samsung dominate decisively, at least for now. Will his new phone spread seductive one-click shopping to every house and hand? Stay tuned for more.

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About kirstenallen

I am editorial director and co-publisher at Torrey House Press, where we publish fiction, creative nonfiction, and topical nonfiction books that demonstrate our tagline, Love of the Land. I have a master’s in public health and previously worked at the Utah Department of Health in maternal and child health. In my previous lives, I taught piano, taught English composition at a computer science college, and raised two kids. Today, I live with my husband, Mark Bailey, in Salt Lake City and Torrey, Utah. I blog about wild lands, medicine and pseudo-medicine, and books and publishing.

Posted on June 18, 2014, in Books & Publishing and tagged , , . Bookmark the permalink. Leave a comment.

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