Tech Mails

Re: Book Prices Thoughts

Steve Jobs to Eddy Cue, January 14, 2010

Exhibit
From
Steve Jobs
Sent
Thursday, January 14, 2010 6:23 PM
To
Eddy Cue
Subject
Re: Book Prices Thoughts
I can live with this, as long as they move Amazon to the agent model too for new releases for the first year. If they don't, I'm not sure we can be competitive... Steve if they are offering a $26 book to Amazon On Jan 14, 2010, at 6:04 PM, Eddy Cue wrote: Here is the pricing I think will push them to very edge and still have a credible offering in the market. These are the highest individual iTunes prices as each publisher can choose a lower price if they want. List Price Wholesale iTunes 70% Diff $20.01-22.50 $10.00-11.25 $9.99 $7.00 $3.00-4.25 $22.51-25.00 $11.25-12.50 $10.99 $7.70 $3.56-4.80 $25.01-27.50 $12.50-13.75 $12.99 $9.10 $3.40-4.65 $27.51-30.00 $13.76-15.00 $14.99 $10.50 $3.25-4.50 $30.01-35.00 $15.01-17.50 $16.99 $11.90 $3.10-5.60 $35.01-40.00 $17.51-20.00 $19.99 $14.00 $3.51-6.00 The other point I want to get is lowering the price while the book is on the NYT Bestseller List. This will be hard to get because they will be losing an additional $1.40, but we should try. When a book that list for $30 or less is in the NYT Bestseller List than the iTunes price will be no greater than $12.99. Between $30.01-35 in the NYT Bestseller List, the price will be no greater than $14.99. --- Eddy
SJX-000012

About this email

Eddy Cue sent Jobs the proposed iBooks price tiers while Apple negotiated agency-model e-book deals with publishers. This version, received 6:23 PM, is the one the Justice Department presented at trial; Apple's lawyers said it was an unsent draft.

The whole thread

  1. Jan 14, 2010 Steve Jobs I can live with this, as long as they also agree to the other thing you told me you can get: The retail price…
  2. Jan 14, 2010 Steve Jobs I can live with this, as long as they move Amazon to the agent model too for new releases for the first year.…
  3. Feb 10, 2010 Steve Jobs I'd pass. All the publishers know who we are, and the big guys would rather have you finishing the…
  4. Mar 29, 2010 Steve Jobs Yep. What does Amazon do? Sent from my iPad