Apple holds a quarter of e-book market, Eddy Cue says
NEW YORK -- Apple sells about a quarter of all e-books in the market, a high-level executive at the electronics giant said Monday.
Eddy Cue, Apple's senior vice president of software and services, estimated that Apple holds a 25 percent share of the market, about on par with Barnes & Noble. He noted the two companies often flip the ranking, with Barnes & Noble sometimes having a higher share than Apple.
"I believe it's close," Cue said in his testimony Monday during Apple's e-book pricing trial. "At different times, we go back and forth.&… Read more
