McGraw-Hill CEO Terry McGraw was touting the MHP stock price when asked the question of the Ipad product. Since most money comes from the financial side of the house, the education market has a longer timeline to get their profit$$$$.
Not having MHP there is not a snub but more a "wait and see" approach of where the Ipad fits in its business model. I think if the Ipad becomes a more enterprise worthy hardware that being a good citizen, it will be a better impacting device than just adding an IPhone to these environments.
If MS Office (Mactopia) makes a "lite" version of the 2010 product, this will be the game-changer to bring this prosumer hardware to the Fortune 500 worlds.
IMO
M--
Couldn't agree with you more. However i think Apple is (probably deliberately) not addressing the concerns of the business world with the iPad. My guess is they are kind of taking the same approach as the iPhone. Problem i see is that the Business World was ready to jump all over the iPhone when it first arrived. It took the 3G for them to finally get thier due.
One would have thought that given the Business World's eager adoption of the iPhone, Apple would have prepared for this in the iPad launch and make it also more business frinedly. But perhpas SJ doesn't think this device would be useful in Business and Education, which i think he's dead wrong about that. See my previous posts for more info on how i think they could benefit.
Serious oversight to think Business and Education would not benefit greatly!
Probably a snub at the event for breaking the non-disclosure but I doubt Apple would literally drop them as it would lose them revenue.
Meanwhile I simply cannot fathom why AAPL isn't through the roof!
As a long time shareholder and Apple observer I can tell you that this is quite normal. I can always bank on the fact that the better the news, the bigger the hit on stock price. Actually, this time was the exception: the price actually made a small gain both on Monday (earnings) and on new product announcement day. I'll leave it to more technical stock specialists to explain why Apple almost always goes down on such occasions.
And we know that those were dismal marketplace failures.
Why do you say that? The iPhone was considered truly revolutionary and had lines wrapped around Madison Ave when it was released. This is considered derivative and remains to be seen how well it should sell upon release.
The iPod again was not welcomed lukewarm but was considered truly innovative and a remarkable device. Except for its high price at the time it received glowing reviews.
Before Apple can make iBooks available in any country, it has to have books to sell. To do so, it has to make deals with the respective publishers in the respective country.
For example,
Apple just can't make a deal with a publisher in the US and unilaterally provide it in another country without 'permission'. Like the music industry, each country has their own copyright, domestic/international rights, royalty splits, etc., laws and regulations for consideration. In addition, there is the issue of sales/payments that each respective local publisher in which each independent country would demand participation.
This is like Apple not making the iTunes application available in certain countries because a particular record label does not sell music in that country. Does this mean that only those large publishers that Apple listed get to create ebooks for this application? Are free, public domain books not going to be available for iBooks? I suppose other developers could create their own reader, but Apple might reject it because it "duplicates functionality", functionality which other countries don't even get to use in the first place.
Oh for heaven's sake, it's the problem of having to negotiate non-US rights to books, not any lack of faith in the British reader. It's a problem for all US-based ebook stores and Apple is no different. Amazon's Kindle store has only just recently become available outside the US and Canada, and many books are still not available to non-US/Canada residents. Same with every other ebook store from B&N to Fictionwise.
It was months and months after the iTunes music store opened in the US before it became available in the UK, Australia and other places, and there's still quite a bit of content that's not available in all places at the same time. It's going to take a long time to get the iBook store available outside the USA/Canada axis, probably 6-12 months of lawyers, agents and endless negotiations. Heck, the print industry is worse than music and films because it's older and more fragmented and depends on more creators than they do, and they all have their own agents!
Music, film and print publishing are not exactly into the whole internet vibe of borderless selling and digital downloads in case you haven't noticed! These 19th and 20th century industries still cling to all sorts of weird and arcane rules and geographic separation of rights which unfortunately can't simply be swept away by the Jobs reality distortion field. sadly it's going to take a while, but I'm sure they'll get there in the end.
Good post and absolutely right. I'd only add that music publishers were prodded by watching their royalties disappear through P2P. They jumped for iTunes rather than go under. But book publishers don't really have that cattle prod. And they are all completely obsessed with their own importance, in my experience. Winning them over in all territories will be difficult and one hill at a time: they won't want their importance to be diminished one jot!
McGraw-Hill CEO Terry McGraw was touting the MHP stock price when asked the question of the Ipad product. Since most money comes from the financial side of the house, the education market has a longer timeline to get their profit$$$$.
Not having MHP there is not a snub but more a "wait and see" approach of where the Ipad fits in its business model. I think if the Ipad becomes a more enterprise worthy hardware that being a good citizen, it will be a better impacting device than just adding an IPhone to these environments.
If MS Office (Mactopia) makes a "lite" version of the 2010 product, this will be the game-changer to bring this prosumer hardware to the Fortune 500 worlds.
Couldn't agree with you more. However i think Apple is (probably deliberately) not addressing the concerns of the business world with the iPad. My guess is they are kind of taking the same approach as the iPhone. Problem i see is that the Business World was ready to jump all over the iPhone when it first arrived. It took the 3G for them to finally get thier due.
One would have thought that given the Business World's eager adoption of the iPhone, Apple would have prepared for this in the iPad launch and make it also more business frinedly. But perhpas SJ doesn't think this device would be useful in Business and Education, which i think he's dead wrong about that. See my previous posts for more info on how i think they could benefit.
Serious oversight to think Business and Education would not benefit greatly!
I think this is wrong. This is a device with the U.S. college student firmly in mind. Other countries will follow, depending on when the publishers get on board.
One question I haven't seen addressed: if a book is in pdf form will the iPad be able to read it? I'm assuming that even if this isn't the default format that it would be an easy functionality for a third party developer to add.
This is like Apple not making the iTunes application available in certain countries because a particular record label does not sell music in that country. Does this mean that only those large publishers that Apple listed get to create ebooks for this application? Are free, public domain books not going to be available for iBooks? I suppose other developers could create their own reader, but Apple might reject it because it "duplicates functionality", functionality which other countries don't even get to use in the first place.
Until Apple can negotiate with a music or book publisher(s) in a country, it would be ludicrous to open their store in that country. Each country is handled and negotiated independently. It is long and tedious work.
Can't see why it would be restricted to large publishers. After all, Apple does sell music for independent labels on its iTunes store.
So let me get this straight, for non US customers, this is an ebook reader with no ebooks.
And I thought the lack of multi-tasking, flash, USB ports, and a webcam were bad enough.
Sorry Apple, this is a massive flop in the making.
Congratulations, you have won the award for the most idiotic post EVER. FYI, All countries have their own laws and regulations and book deals will have to be negotiated individually ... but they will get done ... just like they did for music and movies.
As for "a massive flop in the making" I think your post already took that award too.
It's happened this way before. ATI once did something similar, and Time once let the lampshade iMac story run a day before the SteveNote. Both were absent from the keynote.
Bottom line, Apple expects you to honor your NDA.
Like music, each book publisher cuts a separate deal for each country they distribute to. That's not Apple's fault; it's the right of each sovereign country to have their own systems for royalties and distribution contracts.
That's not the point. There are many countries comply with standards far higher than the US standard. In fact you mention music and as far as I know the iTunes Music Store (before it became the iTunes Store) worked just fine with many other countries, considering there are much more music labels out there. I guess publishers are more difficult to deal with. The Kindle had the same problem, and they first came out with a list of 100 countries that was later expanded. I don't see why Apple can't do the same.
Oh for heaven's sake, it's the problem of having to negotiate non-US rights to books, not any lack of faith in the British reader. It's a problem for all US-based ebook stores and Apple is no different. Amazon's Kindle store has only just recently become available outside the US and Canada, and many books are still not available to non-US/Canada residents. Same with every other ebook store from B&N to Fictionwise.
It was months and months after the iTunes music store opened in the US before it became available in the UK, Australia and other places, and there's still quite a bit of content that's not available in all places at the same time. It's going to take a long time to get the iBook store available outside the USA/Canada axis, probably 6-12 months of lawyers, agents and endless negotiations. Heck, the print industry is worse than music and films because it's older and more fragmented and depends on more creators than they do, and they all have their own agents!
Music, film and print publishing are not exactly into the whole internet vibe of borderless selling and digital downloads in case you haven't noticed! These 19th and 20th century industries still cling to all sorts of weird and arcane rules and geographic separation of rights which unfortunately can't simply be swept away by the Jobs reality distortion field. sadly it's going to take a while, but I'm sure they'll get there in the end.
Don't forget that Kindle was launched in the US AND 100 other countries at the same time. In other words, these same publishers have already figured out their internal mess for all these countries. So therefore it shouldn't be long before iBooks can be launched internationally. I am hoping this is done before iPad becomes available.
So let me get this straight, for non US customers, this is an ebook reader with no ebooks.
And I thought the lack of multi-tasking, flash, USB ports, and a webcam were bad enough.
Sorry Apple, this is a massive flop in the making.
It's not just an e-book reader. In any case even if there were no iBooks' store available you would be able to buy epub books and read them. Apple has wisely adopted that standard and in Canada at least there are more books than you could ever hope to read available now.
What you are worrying about has to do with distribution rights. The Kindle is sold in Canada. But, even though we buy our books from the kindle store in the US there are books that are not available in kindle format for Canadians. In additions even free books cost $2 ( a hidden cost of their "free" 3G Kindle connection). The same problem exists with Sony's e-readers and store.
Geez, given the recent prominence of the opponents to globalization you'd think that people would realize the difficulties introduced by sovereignty over local matters.
As for MS-Office brought up earlier, are we never going to get away from Visicalc? For goodness sakes, can't we move into the future with really new things and not base our whole models on World, Excel, Exchange, etc...? We might as well go back to the abacus.
Don't forget that Kindle was launched in the US AND 100 other countries at the same time. In other words, these same publishers have already figured out their internal mess for all these countries. So therefore it shouldn't be long before iBooks can be launched internationally. I am hoping this is done before iPad becomes available.
The Kindle only recently became available in Canada and there are many restrictions. It took one year for the iPhone to sell up here. This is not a matter of an internal mess. It has to do with the notion of sovereignty which most people (not I) support.
So basically the CEO of McGraw-Hill pulled his dick out of his pants, to impress Erin Burnett, and say, "Yo, check this out baby, Imma all down and in on the iPad, yeahhh...."
Following which his PR/legal team was like, *facepalm*, "Oh, not again, FFS, not AGAIN..!!!!"
Merely speculative? Bollocks.
Nice try though, I guess McGraw-Hill's PR/legal team gotta do what they gotta do...
The Kindle only recently became available in Canada and there are many restrictions. It took one year for the iPhone to sell up here. This is not a matter of an internal mess. It has to do with the notion of sovereignty which most people (not I) support.
philip
Again, traditional media companies are seeing their physical media profits obliterate in front of their eyes and still deny the obvious desire for common, global standards and availability.
I am actually surprised book publishers won't even do a standard US, Canada, UK+Europe thing for English books. Just US only. *Sigh*
HAVE YOU NOT LEARNED ANYTHING FROM THE MUSIC AND MOVIE INDUSTRY CRUMBLING IN FRONT OF YOU, OH MIGHTY BOOK PUBLISHERS OF WHICH PEOPLE READING PHYSICAL BOOKS IS NOT EXACTLY A GROWTH AREA?
Comments
Maybe because the reception has been lukewarm?
A lot like the initial iPod or iPhone reception.
And we know that those were dismal marketplace failures.
McGraw-Hill CEO Terry McGraw was touting the MHP stock price when asked the question of the Ipad product. Since most money comes from the financial side of the house, the education market has a longer timeline to get their profit$$$$.
Not having MHP there is not a snub but more a "wait and see" approach of where the Ipad fits in its business model. I think if the Ipad becomes a more enterprise worthy hardware that being a good citizen, it will be a better impacting device than just adding an IPhone to these environments.
If MS Office (Mactopia) makes a "lite" version of the 2010 product, this will be the game-changer to bring this prosumer hardware to the Fortune 500 worlds.
IMO
M--
Couldn't agree with you more. However i think Apple is (probably deliberately) not addressing the concerns of the business world with the iPad. My guess is they are kind of taking the same approach as the iPhone. Problem i see is that the Business World was ready to jump all over the iPhone when it first arrived. It took the 3G for them to finally get thier due.
One would have thought that given the Business World's eager adoption of the iPhone, Apple would have prepared for this in the iPad launch and make it also more business frinedly. But perhpas SJ doesn't think this device would be useful in Business and Education, which i think he's dead wrong about that. See my previous posts for more info on how i think they could benefit.
Serious oversight to think Business and Education would not benefit greatly!
Probably a snub at the event for breaking the non-disclosure but I doubt Apple would literally drop them as it would lose them revenue.
Meanwhile I simply cannot fathom why AAPL isn't through the roof!
As a long time shareholder and Apple observer I can tell you that this is quite normal. I can always bank on the fact that the better the news, the bigger the hit on stock price. Actually, this time was the exception: the price actually made a small gain both on Monday (earnings) and on new product announcement day. I'll leave it to more technical stock specialists to explain why Apple almost always goes down on such occasions.
http://news.bbc.co.uk/2/hi/programme...ht/8485049.stm
And I thought the lack of multi-tasking, flash, USB ports, and a webcam were bad enough.
Sorry Apple, this is a massive flop in the making.
A lot like the initial iPod or iPhone reception.
And we know that those were dismal marketplace failures.
Why do you say that? The iPhone was considered truly revolutionary and had lines wrapped around Madison Ave when it was released. This is considered derivative and remains to be seen how well it should sell upon release.
The iPod again was not welcomed lukewarm but was considered truly innovative and a remarkable device. Except for its high price at the time it received glowing reviews.
Before Apple can make iBooks available in any country, it has to have books to sell. To do so, it has to make deals with the respective publishers in the respective country.
For example,Apple just can't make a deal with a publisher in the US and unilaterally provide it in another country without 'permission'. Like the music industry, each country has their own copyright, domestic/international rights, royalty splits, etc., laws and regulations for consideration. In addition, there is the issue of sales/payments that each respective local publisher in which each independent country would demand participation.
This is like Apple not making the iTunes application available in certain countries because a particular record label does not sell music in that country. Does this mean that only those large publishers that Apple listed get to create ebooks for this application? Are free, public domain books not going to be available for iBooks? I suppose other developers could create their own reader, but Apple might reject it because it "duplicates functionality", functionality which other countries don't even get to use in the first place.
Oh for heaven's sake, it's the problem of having to negotiate non-US rights to books, not any lack of faith in the British reader. It's a problem for all US-based ebook stores and Apple is no different. Amazon's Kindle store has only just recently become available outside the US and Canada, and many books are still not available to non-US/Canada residents. Same with every other ebook store from B&N to Fictionwise.
It was months and months after the iTunes music store opened in the US before it became available in the UK, Australia and other places, and there's still quite a bit of content that's not available in all places at the same time. It's going to take a long time to get the iBook store available outside the USA/Canada axis, probably 6-12 months of lawyers, agents and endless negotiations. Heck, the print industry is worse than music and films because it's older and more fragmented and depends on more creators than they do, and they all have their own agents!
Music, film and print publishing are not exactly into the whole internet vibe of borderless selling and digital downloads in case you haven't noticed! These 19th and 20th century industries still cling to all sorts of weird and arcane rules and geographic separation of rights which unfortunately can't simply be swept away by the Jobs reality distortion field. sadly it's going to take a while, but I'm sure they'll get there in the end.
Good post and absolutely right. I'd only add that music publishers were prodded by watching their royalties disappear through P2P. They jumped for iTunes rather than go under. But book publishers don't really have that cattle prod. And they are all completely obsessed with their own importance, in my experience. Winning them over in all territories will be difficult and one hill at a time: they won't want their importance to be diminished one jot!
McGraw-Hill CEO Terry McGraw was touting the MHP stock price when asked the question of the Ipad product. Since most money comes from the financial side of the house, the education market has a longer timeline to get their profit$$$$.
Not having MHP there is not a snub but more a "wait and see" approach of where the Ipad fits in its business model. I think if the Ipad becomes a more enterprise worthy hardware that being a good citizen, it will be a better impacting device than just adding an IPhone to these environments.
If MS Office (Mactopia) makes a "lite" version of the 2010 product, this will be the game-changer to bring this prosumer hardware to the Fortune 500 worlds.
IMO
M--
Welcome Terry McGraw!
Couldn't agree with you more. However i think Apple is (probably deliberately) not addressing the concerns of the business world with the iPad. My guess is they are kind of taking the same approach as the iPhone. Problem i see is that the Business World was ready to jump all over the iPhone when it first arrived. It took the 3G for them to finally get thier due.
One would have thought that given the Business World's eager adoption of the iPhone, Apple would have prepared for this in the iPad launch and make it also more business frinedly. But perhpas SJ doesn't think this device would be useful in Business and Education, which i think he's dead wrong about that. See my previous posts for more info on how i think they could benefit.
Serious oversight to think Business and Education would not benefit greatly!
I think this is wrong. This is a device with the U.S. college student firmly in mind. Other countries will follow, depending on when the publishers get on board.
One question I haven't seen addressed: if a book is in pdf form will the iPad be able to read it? I'm assuming that even if this isn't the default format that it would be an easy functionality for a third party developer to add.
This is like Apple not making the iTunes application available in certain countries because a particular record label does not sell music in that country. Does this mean that only those large publishers that Apple listed get to create ebooks for this application? Are free, public domain books not going to be available for iBooks? I suppose other developers could create their own reader, but Apple might reject it because it "duplicates functionality", functionality which other countries don't even get to use in the first place.
Until Apple can negotiate with a music or book publisher(s) in a country, it would be ludicrous to open their store in that country. Each country is handled and negotiated independently. It is long and tedious work.
Can't see why it would be restricted to large publishers. After all, Apple does sell music for independent labels on its iTunes store.
So let me get this straight, for non US customers, this is an ebook reader with no ebooks.
And I thought the lack of multi-tasking, flash, USB ports, and a webcam were bad enough.
Sorry Apple, this is a massive flop in the making.
Congratulations, you have won the award for the most idiotic post EVER. FYI, All countries have their own laws and regulations and book deals will have to be negotiated individually ... but they will get done ... just like they did for music and movies.
As for "a massive flop in the making" I think your post already took that award too.
It's happened this way before. ATI once did something similar, and Time once let the lampshade iMac story run a day before the SteveNote. Both were absent from the keynote.
Bottom line, Apple expects you to honor your NDA.
Like music, each book publisher cuts a separate deal for each country they distribute to. That's not Apple's fault; it's the right of each sovereign country to have their own systems for royalties and distribution contracts.
That's not the point. There are many countries comply with standards far higher than the US standard. In fact you mention music and as far as I know the iTunes Music Store (before it became the iTunes Store) worked just fine with many other countries, considering there are much more music labels out there. I guess publishers are more difficult to deal with. The Kindle had the same problem, and they first came out with a list of 100 countries that was later expanded. I don't see why Apple can't do the same.
Oh for heaven's sake, it's the problem of having to negotiate non-US rights to books, not any lack of faith in the British reader. It's a problem for all US-based ebook stores and Apple is no different. Amazon's Kindle store has only just recently become available outside the US and Canada, and many books are still not available to non-US/Canada residents. Same with every other ebook store from B&N to Fictionwise.
It was months and months after the iTunes music store opened in the US before it became available in the UK, Australia and other places, and there's still quite a bit of content that's not available in all places at the same time. It's going to take a long time to get the iBook store available outside the USA/Canada axis, probably 6-12 months of lawyers, agents and endless negotiations. Heck, the print industry is worse than music and films because it's older and more fragmented and depends on more creators than they do, and they all have their own agents!
Music, film and print publishing are not exactly into the whole internet vibe of borderless selling and digital downloads in case you haven't noticed! These 19th and 20th century industries still cling to all sorts of weird and arcane rules and geographic separation of rights which unfortunately can't simply be swept away by the Jobs reality distortion field. sadly it's going to take a while, but I'm sure they'll get there in the end.
Don't forget that Kindle was launched in the US AND 100 other countries at the same time. In other words, these same publishers have already figured out their internal mess for all these countries. So therefore it shouldn't be long before iBooks can be launched internationally. I am hoping this is done before iPad becomes available.
not upset, just disappointed ... been watching your posts, knowing you can do so much better ... but not seeing it, kinda like you and iPad.
Oh so you 're not into the Supersized Touch much either? Are we on the same page?
Meanwhile I simply cannot fathom why AAPL isn't through the roof!
And that's why people shouldn't trade.
So let me get this straight, for non US customers, this is an ebook reader with no ebooks.
And I thought the lack of multi-tasking, flash, USB ports, and a webcam were bad enough.
Sorry Apple, this is a massive flop in the making.
It's not just an e-book reader. In any case even if there were no iBooks' store available you would be able to buy epub books and read them. Apple has wisely adopted that standard and in Canada at least there are more books than you could ever hope to read available now.
What you are worrying about has to do with distribution rights. The Kindle is sold in Canada. But, even though we buy our books from the kindle store in the US there are books that are not available in kindle format for Canadians. In additions even free books cost $2 ( a hidden cost of their "free" 3G Kindle connection). The same problem exists with Sony's e-readers and store.
Geez, given the recent prominence of the opponents to globalization you'd think that people would realize the difficulties introduced by sovereignty over local matters.
As for MS-Office brought up earlier, are we never going to get away from Visicalc? For goodness sakes, can't we move into the future with really new things and not base our whole models on World, Excel, Exchange, etc...? We might as well go back to the abacus.
philip
Don't forget that Kindle was launched in the US AND 100 other countries at the same time. In other words, these same publishers have already figured out their internal mess for all these countries. So therefore it shouldn't be long before iBooks can be launched internationally. I am hoping this is done before iPad becomes available.
The Kindle only recently became available in Canada and there are many restrictions. It took one year for the iPhone to sell up here. This is not a matter of an internal mess. It has to do with the notion of sovereignty which most people (not I) support.
philip
Following which his PR/legal team was like, *facepalm*, "Oh, not again, FFS, not AGAIN..!!!!"
Merely speculative?
Nice try though, I guess McGraw-Hill's PR/legal team gotta do what they gotta do...
The Kindle only recently became available in Canada and there are many restrictions. It took one year for the iPhone to sell up here. This is not a matter of an internal mess. It has to do with the notion of sovereignty which most people (not I) support.
philip
Again, traditional media companies are seeing their physical media profits obliterate in front of their eyes and still deny the obvious desire for common, global standards and availability.
I am actually surprised book publishers won't even do a standard US, Canada, UK+Europe thing for English books. Just US only. *Sigh*
HAVE YOU NOT LEARNED ANYTHING FROM THE MUSIC AND MOVIE INDUSTRY CRUMBLING IN FRONT OF YOU, OH MIGHTY BOOK PUBLISHERS OF WHICH PEOPLE READING PHYSICAL BOOKS IS NOT EXACTLY A GROWTH AREA?
Well, that's why I have an iTunes US Account.