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iPad Ushers In Higher E-Book Prices

Envy-inducing technological innovation and a futuristic experience aren't the only promises bundled into Apple's forthcoming iPad. Add to that mix significantly higher e-book prices, and not just for would-be iPad owners. As a result of Apple's entrance into the e-reader market, all e-book buyers -- whether they own an iPad, a Kindle, or some other device -- can now expect to pay as much as $14.99 per book. That's up from the $9.99 flat rate that Amazon held the publishing industry to until Apple came into the picture.

Either way, the future of digital book selling is about to get very complicated. "We may introduce a book at $14.95 for a year and then move the book to $9.99 when we would have put out the trade paperback edition," Dominique Raccah, chief executive of Sourcebooks, an independent publisher, tells The New York Times.

Read the whole story at New York Times »

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