John Paczkowski

Recent Posts by John Paczkowski

McGraw-Hill CEO: If This Wasn’t an Apple-Sanctioned Leak, I’d Already Be Dead

Apple’s mythical tablet exists. It’s based on the iPhone operating system. It will function as an e-reader–among other things. And it will indeed be uncrated at a special event tomorrow morning in San Francisco. This according to McGraw-Hill (MHP) CEO Terry McGraw, who confirmed the device to CNBC today in another masterful Apple (AAPL) PR leak.

“They’ll make their announcement tomorrow on this one,” McGraw said. “We have worked with Apple for quite a while. And the Tablet is going to be based on the iPhone operating system and so it will be transferable. So what you are going to be able to do now is we have a consortium of e-books. And we have 95% of all our materials that are in e-book format on that one. So now with the tablet you’re going to open up the higher education market, the professional market. The tablet is going to be just really terrific.”

Below, video of the exchange. Tablet talk starts at 2:50:



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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work