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Originally Posted by Kali Yuga
Not really. The key is that Apple is fundamentally a hardware company; selling ebooks and other digital content is primarily (though not exclusively) a means to drive iPad / iPhone / iPod sales.
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As Apple CFO Peter Oppenheimer said in last weeks earnings call:
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"Regarding the App Store and iTunes stores, we are running those a bit over break even, and that hasn't changed," Oppenheimer said during a conference call following Monday's quarterly earnings report. "We are very excited to be providing our developers with a fabulous opportunity and we think that is helping us a lot with the iPhone and iPod touch platform."
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