That we cant wait to introduce. On top of that, the c. F. O. Said it will be a very busy fall. The buzz about new products, specifically bigger screen iphones comes as apple reported a 6 gain in revenue and 12 gain in profit in the third quarter. Fueled by rising iphone sales. For the latest on apples quarter, our editor at large cory johnson spoke with alex. And gene muenster, who has been covering apple since 1995. Cory started by asking gene which part of the Earnings Report stood out two things. First is the growth margin was much better than expected which is a sign that the underlying profitability is better. That was a huge concern nine months ago. They are doing well there. Second, they are reiterating this product line. New categories. Products and services in the back half of 2014. They started this expectation almost a year ago and were now at this is a critical window now in next six months to get some of those products out. I think that is the real takeaway. Alex, let me a
Appeal to authors. They have proposed letting authors keeping 100 of revenue from ebook sales. The idea is the lack of revenue would force both parties to get a deal done. Machette said it is amazon responded with his own statement saying i spoke with Bloomberg Industries director paul sweeney and ron josey and i asked ron to set the stage for us. It is one of multiple partners at amazon and each partner is on a multiyear deal and it was up later. Here we are, and there is a bitter dispute. From my perspective, it is more amazon, i believe by taking a greater share of the dollars. Probably pricing ebooks. I look at amazon as focusing on what consumers can do and machette is probably looking to protect interest. Would you echo that, paul . Amazon has always been a low price. Clearly, amazon is under pressure. Especially the past couple of quarters and probably more pressure to look at is margins or lack there of. Granted, amazon has been focused on growth and not necessarily profit marg
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