

A trial for damages is soon to come

It's official: Apple lost the e-books battle.







Source: Reuters

Comments     Threshold


Cost vs Value argument
By Lord 666 on 7/10/2013 11:41:04 AM , Rating: 2
Disclaimer: I am a published author on BN, Amazon, and Apple.

Publishers offer a service to the authors and content creators. The higher prices equate to higher royalties to authors/content providers. Apple and Amazon offered higher percentages than BN. Apple by far offered iBook author which is a superior tool.

What Jobs did was a business driven move by increasing costs, it also created value to stockholders while attracting higher quality material.

As a class action suit, what will consumers actually receive? A gift card for $10 to be spent at the Apple iBookstore? Apple can say they are giving away material to celebrate their 5th anniversary to everyone.

RE: Cost vs Value argument
By retrospooty on 7/10/2013 11:47:55 AM , Rating: 2

BS... What Jobs did was conspire to raise prices to increase value to stockholders... Period. Regardless of the BS claims, conspiring to raise prices is illegal. The MARKET decides prices, not conspiring Executives. If one company is willing to lower them, and you are a competitor, you need to find a way to compete, not perpitrate shady backroom deals to raise prices.

RE: Cost vs Value argument
By Lord 666 on 7/10/2013 11:53:11 AM , Rating: 2
Agreed that it was collusion. No where did I say they were innocent. However, the music business was guilty of this for years, it was only until Apple brought about the iTunes store to change things up.

I guess my point is there are bigger issues with the United States that colluding an extra $2 per ebook when they are already cheaper than physical copies.

RE: Cost vs Value argument
By retrospooty on 7/10/2013 12:04:51 PM , Rating: 2
Agreed the music business is worse and there are many bigger issues in the US, but at least its one small victory. better than a loss.

