PC Magazine: Since the Thursday launch of its revamped iBooks app, Apple iOS users have downloaded more than 350,000 e-textbooks, while Cupertino's new iBook Author platform had more than 90,000 downloads from the Mac App Store, according to one analyst report.
"Apple['s] textbook launch is off to a very strong start, with more than 350,000 textbook downloads," Trip Chowdhry, managing director of equity research at Global Equities Research, wrote in a Monday note to investors. "Apple's decision to launch with introductory textbooks is a good decision as more than 50 percent of [the] textbook industry revenue comes from the sales of introductory books."