Thread: iFlow reader another casualty thanks to the Agency 5 and Apple
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Old 05-11-2011, 10:48 AM   #19
egarbacz
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This is the quote from the article:
Quote:
Apple changed the rules and put us out of business. They now want 30% of the sale price of any books, which they know full well, is all of our profits and more. What sounds like a reasonable demand when packaged by Apple's extraordinary public relations department is essentially an eviction notice to all ebook sellers on iOS.
This information is consistent with speculation on other threads here and other blogs. Apple wants 30% of the sale price of books, since the pubs only give a 30% cut to the retailers it is impossible for anyone other than Apple to make a profit selling ebooks for iOS devices.
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