Can Someone Explain Printer Economics?

ricoh-spc250dn color laser printerI just bought a very nice Ricoh SP C250DN color laser printer from Adorama for the crazy low price of $66, including shipping. The friggin’ think arrived 22 hours after I ordered it. Nice job, Adorama!

Here’s what I don’t get. UPS shipping on a package of that weight is $56. Even accounting for Adorama’s discounts, that means they’re effectively selling a 52-pound color laser printer for no more than $20. But the kicker is that replacement toner cartridges for this sucker cost over $200 each.

So that means even at the current price of $100 it’s far cheaper for me to stock up on replacement cartridges by buying several more printers, removing the cartridges and throwing away the printers.

Can anyone explain how this industry makes money?