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	<title>Comments on: Who hides success?</title>
	<atom:link href="http://walt.lishost.org/2008/12/who-hides-success/feed/" rel="self" type="application/rss+xml" />
	<link>http://walt.lishost.org/2008/12/who-hides-success/</link>
	<description>The library voice of the radical middle.</description>
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		<title>By: bowerbird</title>
		<link>http://walt.lishost.org/2008/12/who-hides-success/comment-page-1/#comment-35177</link>
		<dc:creator>bowerbird</dc:creator>
		<pubDate>Wed, 17 Dec 2008 19:43:41 +0000</pubDate>
		<guid isPermaLink="false">http://walt.lishost.org/?p=943#comment-35177</guid>
		<description><![CDATA[&gt;   bowerbird, if you have 
&gt;   more important things to worry about, 
&gt;   why are you commenting here?

because i love you, walt, that&#039;s why...      :+)


&gt;   in most consumer electronics situations, 
&gt;   companies DO announce sales numbers, 
&gt;   particularly when theyâ€™re in 
&gt;   any way positive.

ok.  i agree, in large part.

and the numbers for these gadgets
are _not_ &quot;positive&quot;, as numbers go.

20 million iphones -- not even counting the 
ipod touches -- now _that_ is one &quot;positive&quot;
number, especially over a mere 18 months...

but 300,000 units?  over more-or-less 3 years?
well, not so &quot;positive&quot;.  especially considering
that sony probably made about $10 per unit.
and that&#039;s _before_ they figure in the cost of
their marketing.  if there were to count that,
they&#039;re in the red on this project, _deep_ red.

indeed, if this gadget wasn&#039;t the passion of
their c.e.o., it would&#039;ve already been canned.


&gt;   I find it really odd that you find 
&gt;   $100 million in sales trivial, where you say 
&gt;   â€œe-book publishers report healthy sales.â€

oh, c&#039;mon, walt.  that&#039;s apples and oranges...

$100 million in sales is indeed &quot;trivial&quot; when 
your costs are between $90 and $110 million.
especially for a gigantic electronics company,
with sales (maybe even profit) in the billions.
it&#039;s in the realm of petty-cash.

e-book publishers, on the other hand, are just
some small furry mammals scurrying around.
their costs are minimal.  heck, their _variable_
costs approach zero.  but even their fixed costs
are low.  so any sales -- at all -- are welcome...
and any upward trend -- at all -- is happiness.


&gt;   I canâ€™t imagine any ebook publisher 
&gt;   who wouldnâ€™t be jumping for joy 
&gt;   with $100 million sales.

even random house would like to see a figure
like &quot;$100 million&quot; for their electronic-books...
since they wouldn&#039;t spend _anywhere_near_
$90 to $110 million in creating those e-books.

-bowerbird]]></description>
		<content:encoded><![CDATA[<p>&gt;   bowerbird, if you have<br />
&gt;   more important things to worry about,<br />
&gt;   why are you commenting here?</p>
<p>because i love you, walt, that&#8217;s why&#8230;      :+)</p>
<p>&gt;   in most consumer electronics situations,<br />
&gt;   companies DO announce sales numbers,<br />
&gt;   particularly when theyâ€™re in<br />
&gt;   any way positive.</p>
<p>ok.  i agree, in large part.</p>
<p>and the numbers for these gadgets<br />
are _not_ &#8220;positive&#8221;, as numbers go.</p>
<p>20 million iphones &#8212; not even counting the<br />
ipod touches &#8212; now _that_ is one &#8220;positive&#8221;<br />
number, especially over a mere 18 months&#8230;</p>
<p>but 300,000 units?  over more-or-less 3 years?<br />
well, not so &#8220;positive&#8221;.  especially considering<br />
that sony probably made about $10 per unit.<br />
and that&#8217;s _before_ they figure in the cost of<br />
their marketing.  if there were to count that,<br />
they&#8217;re in the red on this project, _deep_ red.</p>
<p>indeed, if this gadget wasn&#8217;t the passion of<br />
their c.e.o., it would&#8217;ve already been canned.</p>
<p>&gt;   I find it really odd that you find<br />
&gt;   $100 million in sales trivial, where you say<br />
&gt;   â€œe-book publishers report healthy sales.â€</p>
<p>oh, c&#8217;mon, walt.  that&#8217;s apples and oranges&#8230;</p>
<p>$100 million in sales is indeed &#8220;trivial&#8221; when<br />
your costs are between $90 and $110 million.<br />
especially for a gigantic electronics company,<br />
with sales (maybe even profit) in the billions.<br />
it&#8217;s in the realm of petty-cash.</p>
<p>e-book publishers, on the other hand, are just<br />
some small furry mammals scurrying around.<br />
their costs are minimal.  heck, their _variable_<br />
costs approach zero.  but even their fixed costs<br />
are low.  so any sales &#8212; at all &#8212; are welcome&#8230;<br />
and any upward trend &#8212; at all &#8212; is happiness.</p>
<p>&gt;   I canâ€™t imagine any ebook publisher<br />
&gt;   who wouldnâ€™t be jumping for joy<br />
&gt;   with $100 million sales.</p>
<p>even random house would like to see a figure<br />
like &#8220;$100 million&#8221; for their electronic-books&#8230;<br />
since they wouldn&#8217;t spend _anywhere_near_<br />
$90 to $110 million in creating those e-books.</p>
<p>-bowerbird</p>
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		<title>By: walt</title>
		<link>http://walt.lishost.org/2008/12/who-hides-success/comment-page-1/#comment-35158</link>
		<dc:creator>walt</dc:creator>
		<pubDate>Tue, 16 Dec 2008 15:42:21 +0000</pubDate>
		<guid isPermaLink="false">http://walt.lishost.org/?p=943#comment-35158</guid>
		<description><![CDATA[Gee, bowerbird, if you have more important things to worry about, why are you commenting here? Don&#039;t you have more important things to write about?

I&#039;d love to be in a position where $100 million is a trifle not even to be worth noting...but that&#039;s not even the point.

The point is that, in most consumer electronics situations, companies DO announce sales numbers, particularly when they&#039;re in any way positive. And Sony has done so--even though the numbers are only positive when compared to previous generations of dedicated ebook readers.

I find it really odd that you find $100 million in sales trivial, where you say &quot;e-book publishers report healthy sales.&quot; Seen any estimates for the total size of the ebook (as text) market lately? I can&#039;t imagine any ebook publisher who wouldn&#039;t be jumping for joy with $100 million sales.]]></description>
		<content:encoded><![CDATA[<p>Gee, bowerbird, if you have more important things to worry about, why are you commenting here? Don&#8217;t you have more important things to write about?</p>
<p>I&#8217;d love to be in a position where $100 million is a trifle not even to be worth noting&#8230;but that&#8217;s not even the point.</p>
<p>The point is that, in most consumer electronics situations, companies DO announce sales numbers, particularly when they&#8217;re in any way positive. And Sony has done so&#8211;even though the numbers are only positive when compared to previous generations of dedicated ebook readers.</p>
<p>I find it really odd that you find $100 million in sales trivial, where you say &#8220;e-book publishers report healthy sales.&#8221; Seen any estimates for the total size of the ebook (as text) market lately? I can&#8217;t imagine any ebook publisher who wouldn&#8217;t be jumping for joy with $100 million sales.</p>
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	<item>
		<title>By: bowerbird</title>
		<link>http://walt.lishost.org/2008/12/who-hides-success/comment-page-1/#comment-35154</link>
		<dc:creator>bowerbird</dc:creator>
		<pubDate>Tue, 16 Dec 2008 06:52:01 +0000</pubDate>
		<guid isPermaLink="false">http://walt.lishost.org/?p=943#comment-35154</guid>
		<description><![CDATA[300,000 units of a $333 gizmo is $100 million.

that&#039;s hardly anything to write home about;
sony is losing their shirt on that machine...

and amazon isn&#039;t doing much better either.
(though oprah helped them out immensely.)

the good news is that both of these projects
have strong support at the highest levels of
the companies -- at the very _top_, in fact --
because they recognize the long-term value.

after far too many companies sought to use
slash-and-burn to establish a first-to-market 
position they could use to make a monopoly,
this stick-to-it attitude is _a_welcome_relief_,
and thus we should _praise_their_attitude_, 
instead of condemning them for not satisfying
our curiosity, even if it is well-meaning (and
i fail to see how we&#039;d make even that claim)...

for the more-important questions on whether
these machine-owners are buying _e-books_,
and enjoying the experience, the answers are
crystal-clear, especially concerning the kindle.
word-of-mouth is almost unequivocally good,
and e-book publishers report healthy sales...

i&#039;d say you and i have more important things
to be worried about than these sales numbers.

-bowerbird]]></description>
		<content:encoded><![CDATA[<p>300,000 units of a $333 gizmo is $100 million.</p>
<p>that&#8217;s hardly anything to write home about;<br />
sony is losing their shirt on that machine&#8230;</p>
<p>and amazon isn&#8217;t doing much better either.<br />
(though oprah helped them out immensely.)</p>
<p>the good news is that both of these projects<br />
have strong support at the highest levels of<br />
the companies &#8212; at the very _top_, in fact &#8211;<br />
because they recognize the long-term value.</p>
<p>after far too many companies sought to use<br />
slash-and-burn to establish a first-to-market<br />
position they could use to make a monopoly,<br />
this stick-to-it attitude is _a_welcome_relief_,<br />
and thus we should _praise_their_attitude_,<br />
instead of condemning them for not satisfying<br />
our curiosity, even if it is well-meaning (and<br />
i fail to see how we&#8217;d make even that claim)&#8230;</p>
<p>for the more-important questions on whether<br />
these machine-owners are buying _e-books_,<br />
and enjoying the experience, the answers are<br />
crystal-clear, especially concerning the kindle.<br />
word-of-mouth is almost unequivocally good,<br />
and e-book publishers report healthy sales&#8230;</p>
<p>i&#8217;d say you and i have more important things<br />
to be worried about than these sales numbers.</p>
<p>-bowerbird</p>
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