IBooks April 21

AAPL: 105.97

-1.16
Stock Chart

Last week, users in China mysteriously saw the iTunes Movies Store and iBooks Store shut down. At the time, it was unclear why the services went down, but now, The New York Times reports that the two stores were ordered to shut down by the Chinese State Administration of Press, Publication, Film, and Television.

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IBooks March 8

AAPL: 101.03

-0.84
Stock Chart

Well, the e-book case that began in 2012 when the US government accused Apple of price-fixing finally ended yesterday  when the Supreme Court declined to hear Apple’s appeal. That left the original ruling intact, meaning that Apple is officially guilty of anti-competitive behavior and will have to fork out $450M in compensation.

There’s no doubt in my mind that the correct result was reached in law. Apple did deliberately set out to fix prices, it did strike secret deals, and it did intend to manipulate the e-book market. Emails from Steve Jobs confirmed the government’s claim that Apple struck the deals in the belief that consumers would end up paying more for e-books.

Throw in with Apple and see if we can all make a go of this to create a real mainstream ebooks market at $12.99 and $14.99. [Up from the typical $9.99 at the time.]

So far, so good. If you’d brought that evidence to me at the time Apple did the deals, I’d have agreed with the government that the company’s behavior was both illegal and morally wrong. But I’d argue that by the time the case was finally brought to court, it was already abundantly clear that it was not in the public interest to pursue it …

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IBooks March 7

AAPL: 101.87

-1.14
Stock Chart

Apple will be on the hook for $450 million after losing its appeal in the e-book price-fixing case, Bloomberg reports. The United States Supreme Court released the decision after Apple appealed the prior ruling. The high-profile case dates back to a 2012 lawsuit from the United States, which Apple appealed all the way to the Supreme Court, but the justices declined to hear the case which leaves the prior ruling intact.

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9to5toys 

IBooks February 22

AAPL: 96.88

0.84
Stock Chart

Apple has released the fourth OS X 10.11.4 preview for registered developers to test ahead of its expected release next month. The software update to the Mac will likely be released around next month’s March 15th event and is expected to coincide with a new version of iTunes. For Mac users, the latest version of OS X El Capitan adds enhancements like being able to view and share Live Photos originally taken on the iPhone 6s or 6s Plus as well as the ability to lock notes behind a secure password. We’re check out the latest beta and update with any changes.

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IBooks January 4

AAPL: 105.35

0.09
Stock Chart

IBooks October 13, 2015

AAPL: 111.79

0.19
Stock Chart

The U.S. Justice Department has said that is now satisfied with Apple’s measures to guard against any repetition of the type of anti-competitive behaviour ruled illegal in the long-running ebooks trialBloomberg reports that the department has recommended that the court-appointed monitor is no longer necessary.

In a letter to the Manhattan federal judge who found in 2013 that Apple illegally conspired with publishers to set e-book prices, the U.S. said Apple has “now implemented meaningful antitrust policies, procedures, and training programs that were obviously lacking at the time Apple participated in and facilitated the horizontal price-fixing conspiracy found by this court.”

The letter did, however, note that Apple “never embraced a cooperative working relationship with the monitor” …  expand full story

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