Quote:
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First, Apple does not want to be a wholesale purchaser of e-books, even for six months or a year. It doesn’t want to price e-books, and it doesn’t want to bear the risk that e-books don’t sell. It’s not equipped for that.
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Which would be relevant only if Apple limited themselves to the sale of ebooks from Agency Publishers only. But they don't. So the idea that they're not equipped to do their own ebook pricing is just not correct. They price ebooks all the time. Nor is it correct that a non-agency agreement would somehow force them to purchase a "certain quantity" of a particular ebook and be "stuck" with whatever didn't sell. That's just silly.
Was that quoted statement even
remotely serious with those arguments?