We believe that over time this could turn into a significant business for Amazon, significant revenue stream for publishers and authors and a helpful customer service for readers,
This is an incredible and humbling honor. The Internet holds the promise to improve lives and empower people. I feel very lucky to be involved in this time of rapid and amazing change.
These price cuts ... do pressure our margins, but at the same time what they do is drive a lot of volume which helps us because we have a high fixed-cost structure,
In collaboration with our publishing partners, we're working hard to make the world's books instantly accessible anytime and anywhere,
Maintain a firm grasp of the obvious at all times.
My view is there's no bad time to innovate.
Invention is by its very nature disruptive. If you want to be understood at all times, then don't do anything new.