Random House leery of iPad over pricing concerns

The thousands and thousands of pre-orders refute any kind of assumption whatsoever. the iPad is already a hit before people actually get to use them!

Random House won't make the same mistake as Verizon did by refusing the iPhone, another Apple runaway hit!

I'd say the key properties Random House owns is John Grisham and Dan Brown. Not insignificant.

@me - I think the split is not on profit, it's on revenue. If the book is $10, Apple gets $3.

However, given that Amazon will likely release a Kindle reader for the iPad very shortly after April 3 (they already posted screenshots of it, so we know they have developed it), it is largely irrelevant whether any particular book is in only iBookstore, only in Kindle, or both. In all cases, I can still read the book on my iPad.

The only wrinkle would be if Apple denies the update of the already available Kindle app for iPhone and blocks Amazon from making it iPad friendly.

Is Apple really split the PROFIT 70/30? I was under the assumption the 70/30 split was done to the REVENUE (aka, the price paid when sold in the App Store).

If Apple is somehow calculating Profit then what keeps a company from adding all sorts of 'overhead' cost to a product and keeping the price the same, thus shrinking down the profit margin but increasing cash for the company? It may not look good on the books of public companies but private companies could get away with it.

Yes!

I knew that I could expect an iPad slam from my good buddy Jordan!

It never gets old!

They will be assimilated

Its only a matter of time before they give in and join apple

Within a few days of release of iPad, Random House will be asking to get on board.