Apple: We built a $50 billion Money Fort just so Michael Dell wouldn't have the largest number associated with his name this week. We also invited the Department of Justice to stay in the Fort for one month free of charge.
Apple: Next week we are going to take it out to sea and see if it floats.
Publishers are struggling with public and school library lending models. Librarians expect to provide access to resources for their customers (the public/students) at the best price point. The public is relying more and more on the library for resources as disposable income has diminished - best sellers, video lending, games lending, e-books, etc. Print lending has a built-in multi-copy purchase model by replacing damaged or lost print books. The e-book format provides for zero lost and damaged product and the publisher and author (royalties) are not interested seling fewer copies that last longer.
Publishers are trying to limit the number of circulations for a title in a library environment or may charge more for a title that has a one to many lending model versus a one to one lending model. Will be interesting to see how this playes out going forwa