CEO hints at possibility of Android textbooks
Prior to yesterday's textbook announcement, McGraw-Hill had been in talks with Apple since at least June, an AllThingsD interview reveals. "Sitting and listening to all of this, I wish Steve Jobs was here," says McGraw-Hill CEO Terry McGraw. "I was with him in June this past year, and we were talking about some of the benchmarks, and some of the things that we were trying to do together. He should be here. He probably is. This was his vision, this was his idea, and it all had to do with the iPad."
We cover Apple NYC event as it happens
Apple is starting its New York City education event. The company is expected to introduce a new system to ease publishing textbooks and is rumored to be updating Pages and iBooks, including a possible Mac-native iBooks app. Check our real-time coverage for updates as they appear, starting from 10AM Eastern.
McGraw-Hilll, Wiley, Cengage books forthcoming
A new developer, Inkling, is bringing a variety of high-profile school textbooks to the iPad. The first four are from McGraw-Hill, and described as best-sellers in biology, economics, marketing and psychology; these should be available today, at an early cost of $3 per chapter or $70 for an entire book. In the near future prices should be hiked to $4 and $85, respectively.
Publisher says it had no advance iPad info
McGraw-Hill today backtracked and denied it had spoiled the iPad release through its own CEO. The textbook publisher says that Terry McGraw's "speculative comments" in a CNBC interview were a reflection of what he had said in a fiscal results call earlier the same day. Corporate communications VP Steven Weiss claimed to All Things D that McGraw-Hill wasn't involved in talks with Apple and thus had nothing to leak.
McGraw-Hill absence a deliberate snub?
Several predicted announcements were missing from today's iPad event, reflection shows. Verizon for instance was not announced as a tablet partner, nor even as a new American iPhone carrier. For the forseeable future, both the iPad and the iPhone will be AT&T exclusives in the US.
Apple willing to avoid Kindle's cut-rate rates
Apple is hoping to undo Amazon's lead in e-book readers by letting publishers set their own prices, a last-minute leak claims tonight (subscription required). To garner support for its 10-inch tablet, Apple is reportedly recommending that publishers sell hardcover bestsellers in digital form for either $13 or $15 but isn't locking them into the $10 target that Amazon uses for Kindle books. The deal would mean less revenue per book but would still give more control to publishers, who have often been forced to give Amazon books at half their paper value regardless of how much the text costs.
Publisher may have spoiled Apple plans
Publisher McGraw-Hill may have inadvertently spoiled Apple's event plans today in an interview (shown below) with CNBC. CEO Terry McGraw told the TV network that the company has worked with Apple for "quite awhile" on making content for the tablet and that "95 percent" of its e-books will be available. It should run a variant of the iPhone OS and will therefore let users transfer content between platforms.
Kindle, McGraw-Hill team
Amazon and McGraw-Hill Education announced on Thursday that they have teamed up to deliver McGraw-Hill's library of higher education content. To date, McGraw-Hill's 3,000 professional business, medical and technical titles are available on the e-book readers. The new arrangement will add more than 100 textbooks and other titles covering most common arts, math and science fields.