Apple’s recent unveiling of its iPad computer tablet got many book publishers excited, mainly because Apple plans to let publishers sell e-books at a higher rate than the main competitor, the Amazon Kindle Store. Now it looks like Apple may not be the kind benefactor the publishing industry thinks it is.
According to a report from the New York Times, Apple included specific provisions in talks with e-book publishers stating that it could offer discounts on e-books that reach the bestseller list, discounts that may even be as low as the previous Amazon price of $9.99 for new books. If publishers offer a discount on hardcover books, Apple also wants to cut the price on those e-books even if they don’t make it onto the bestseller list. Read full Post here.
