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The publishers came to Apple in desperation for an alternative to Amazon, who was the monopolist depressing book prices, hurting writers and publishers, pretty much the same issues as Spotify and music.
The US government is attacking creative individuals and backing monopolies like Amazon who are depressing earnings for authors.
Why?
Apple's mistake was hooking up with the book publishing cartel
Apple spokesperson:
"Apple did not conspire to fix ebook pricing and this ruling does nothing to change the facts. We are disappointed the Court does not recognize the innovation and choice the iBooks Store brought for consumers. While we want to put this behind us, the case is about principles and values. We know we did nothing wrong back in 2010 and are assessing next steps."
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I expect them to shutter the MS Stores when their leases expire like Sony did with their stores.
The MS store at the Fashion Mall is always empty.
The Apple Store is always full.
Microsoft braces for more job cuts
The most recent headcount on Microsoft's web site is from June 2014, lists 128,000 employees; others estimate that current employee count is at about 118,000, which still does not represent a net loss of 18,000 jobs. That's probably because, much to Wall Street's chagrin, Microsoft kept hiring in strategic areas, while culling people from less, um strategic areas.
Microsoft had no comment for this story.
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