The missing part is that Apple's maneuver was to effectively destroy the wholesale model in favor of an agency-model, and orchestrate all major publishers to charge more for ebooks just so they can earn their 30% commission from it.
Apple actively engaged as facilitator to help publishers raise prices on the whole market, for a 30% cut.
The result was that books previously available for $9.99 were suddenly sold for $12.99
Apple actively engaged as facilitator to help publishers raise prices on the whole market, for a 30% cut.
The result was that books previously available for $9.99 were suddenly sold for $12.99
[1] https://www.businessinsider.com/how-steve-jobs-and-apple-fix...