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Apple jumps into digital textbooks fray

Apple jumps into digital textbooks fray - The consumer electronics giant has been working on digital textbooks with publishers Pearson PLC, McGraw-Hill and Houghton Mifflin Harcourt, a trio responsible for 90 percent of textbooks sold in the United States.


The move pits the makers of the iPod and iPhone against Amazon.com Inc and other content and device makers that have made inroads into the estimated $8 billion market with their electronic textbook offerings.

At an event at New York's Guggenheim Museum, Apple marketing chief Phil Schiller introduced tools to craft digital textbooks and demonstrated how authors and even teachers can create books for students.

The "value of the app is directly proportional to students having iPads," said Michael Gartenberg, an analyst with industry research firm Gartner. "But this will lead to more schools adopting as a requirement."

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