The New York Times had a piece yesterday on ebook pricing, which I have written about before. Interestingly, the piece simply states and doesn’t question that an ebook retailer such as Apple should be entitled to a 30% fee. What will Apple provide? There would seem to be four separate functions: discovery, payment, delivery and DRM. Let’s start with payment. The fraud rate for ebooks is likely to be very low and the cost to process a payment at scale should be no more than 25 cents (and hopef...