Archive | July 25, 2011

Apple kills every iOS eBook store but their own – first victims Amazon, Barnes and Noble, Kobo

History: A while ago Apple changed their App Store terms of service in order to force their 30 percent cut for not only applications bought through their store, but for everything bought through an application available in the App Store. As a direct result, Apple is forcing every eBook store including Amazon Kindle, Barnes & Noble’s Nook, Kobo reader, etc to pay an initial 30 percent cut for every sale generated, just for the honor of being published in heir app store basically killing the market. Why? Because nobody has enough margins selling book to pay 30 percent to Apple and still making any profit.

The anti-competitiveness of this measure is appalling especially in a business where Apple is Read More…