LOL at the stupid fat man.
Most of us knew this was going to happen. In fact many of us joked about it the other day in the MacRumors forums.
McGraw wanted to be in the limelight. So he felt it was OK for him to spill the beans. Now he just screwed himself because everyone knows that he cant keep his mouth shut.
I wonder if they promised him cookies after the interview if he sang![]()
I think the GW reference was fine- you can't suggest that someones actions shouldn't be criticised simply because of their standing. I believe that Jobs can, in many cases, act in an over the top manner in being over-protective of his product secrecy. But hey, that's just my opinion, and I'm sure others will agree with throwing the book at the McGraw-Hill guy. I just don't understand the seeming lack of perspective on Steve's part- why can't he just enjoy his (seemingly, according to most press reports) successful launch without getting wound up about silly leaks of already known information?!
Who's stock was down 4% again?![]()
Update: According to Digital Daily, McGraw-Hill has denied that it was scheduled to be a part of Apple's media event presentation and that the company had advance knowledge of the details.
"As a company deeply involved in the digitization of education and business information, we were as interested as anyone in the launch of the new device, although we were never part of the launch event and never in a position to confirm details about the device ahead of time," Steven Weiss, VP of Corporate Communications for The McGraw-Hill Companies said in a statement given to Digital Daily.
According to Weiss, McGraw's speculative comments were simply rehashing the many rumors about Apple's tablet introduction and were misconstrued by others as a confirmation. Digital Daily also notes that its sources have indicated that McGraw-Hill had not seen a demonstration of the iPad prior to Apple's media event.
Yup that is amazing! I have long given up trying to fathom the ups and down of AAPL. I just stay for the long haul and as I started at 37 I am happy. I have no doubt it will be well up in the high 200's by year end.
I guess you are not in business then or you would understand the importance of an NDA. If you wrote a book and submitted it to McGraw and they let others read it and another person managed to publish a rip off before you - I guess you'd think that was fine?
Where are all of the peeps from the other thread screaming "Controlled Leak".
Shame really, this would really help the educational marketplace. I hope that his loose lips did not just screw students from coast to coast.
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Yup that is amazing! I have long given up trying to fathom the ups and down of AAPL. I just stay for the long haul and as I started at 37 I am happy. I have no doubt it will be well up in the high 200's by year end.
God's honest truth, I got in at 11.00 (before the split) sold half at around 100 and am gong to hold on to the rest. I think AAPL has lots more in store....
I really, really hope this blows over and it is business as usual. The potential for text books is phenomenal.
Do you have some basis for the claim that Apple needs McGraw-Hill more than McGraw-Hill needs Apple? Do you know how well McGraw-Hill is doing in the educational publishing market? MHP's market valuation is about 1/15 that of AAPL. MHP's share price is about half its 5-year high and about what it was 5 years ago. AAPL is at all-time highs and 5 times its price of 5 years ago. I think Apple will be just fine if they choose to exclude MHP.
Sorry off topic ... Just had to comment on your brilliant footer. As a guitarist I acould not agree more. I was actually asked by a friend not long ago that as I was a guitarist would I like to join her son playing Guitar Hero. She actually believed he was learning to play!![]()
You are correct sir. I am not a business man. But are you privy to any info that this guy signed NDA? None of us know for sure. If you haven't read this link http://digitaldaily.allthingsd.com/2...m-ipad-launch/ I suggest you do. In it is a plausible explanation for why the McGraw guy may have said what he said. When I saw interview, my feeling was that the guy (like most of us) was excited and was merely repeating what rumour mills have been talking about for weeks. CEO's are people too.
I think he completely undersold it, and on top of that the repeated self-praise sounds tired when it's almost a carbon copy of last year's script.
Who gives a crap. McGraw probably made more people aware of the Apple "event" than otherwise would have. The books from McGraw-Hill will still be included. Total non-story except in the extreme-Apple-fan universe.
Well, there's an incredible amount of negative press out there today, as "experts" try to fathom out what the iPad is and who it's for.
The problem is that Steve gave a pretty poor presentation; I think he completely undersold it, and on top of that the repeated self-praise sounds tired when it's almost a carbon copy of last year's script.
iPad has so many great things going for it. Not once did he tout the instant-on, instant-loading and merits of flash storage (versus HDD-based netbooks).
He didn't explain why iPhone OS and it's apps are in themselves an advantage over crowded desktops and multi-window applications.
He hasn't given anybody much reason to think of the iPad as anything other than a large iPod Touch, whereas really the iPod Touch should be seen as a pocket-sized iPad.
Poor job, but it'll wear off as the factory lines start shipping, and people discover all these things for themselves.
Personally I was put off by the vomit-inducing tripe that Ives and co were spouting in the promo video.
Steve did (briefly) mention they are also excited about textbooks.
Umm, no.
I hope this is true. If these companies want to play with Apple, they need to understand the rules. KEEP YOUR MOUTH SHUT![]()
who cares!
everyone knew.
steve should get a life and learn how to introduce a truly innovative product instead of this sorry excuse of a product introduced yesterday.
As far as ebooks go, there are several formats already available that run in iphone, kindle being one of them. Presuming one can use all the current applications in the app store with ones new app pad, then one presumes one can continue reading their Kindle or Ereader purchases on the ipad.
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