Josh Catone, Mashable.com
When Apple announced its initiative to bring iPads into schools and provide textbooks in digital format, the reaction among many was enthusiastic. iPad textbooks are more interactive, they can be easily updated and they can’t be easily vandalized. The price Apple announced at their launch event — $14.99 per textbook — also sounded like a steal, certainly far cheaper than traditional textbooks. But when you dig into the fixed costs associated with digital textbooks vs. their paper counterparts, there are some major reasons to believe that iPad textbooks might not be coming to a school near you any time soon.
The biggest is that the textbooks themselves don’t turn out to be cheaper. A representative of textbook publisher McGraw-Hill made clear to Mashable shortly after Apple’s announcement that the functional cost of a digital textbook for a school will actually be the same as the paper version, despite the much lower sticker price. Because of the way iBooks will be linked to specific user accounts, reuse from year-to-year isn’t possible; a freshman algebra textbook purchased in 2012 will need to be repurchased for new incoming freshman in 2013. If you use the standard cost and lifespan estimates for paper textbooks of $75 and five years, the digital versions end up costing the same as the paper editions. More…
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The third issue of Volume 18 of 

