Writing at the New York Times, Motoko Rich does the math for us and determines (after making some reasonable assumptions), that ebooks don’t actually generate more profits for publishers, even at the $15  price point.

Again, it reminds us that the people who demand $10 or cheaper ebooks on one hand don’t think publishers should be allowed to make a decent profit from the books, but don’t mind allowing ebook readers to generate profit for folks like Amazon and Barnes & Noble.

This is the reverse of the old making money from razor blades school of business. I’ve said it before, and I’ll say it again, what’s wrong with making money from razor blades (in this case ebooks)?