Pearson

Tech giant Apple revealed its new digital textbook initiative on Thursday, joining with major publishers on a quest to replace heavy stacks of schoolbooks with iPads. There will obviously be resistance. Here are three reasons Apple's move will succeed in spite of it.

Publishing companies McGraw-Hill and Pearson both saw earnings buoyed by their education segments.

After months of deliberations, The New York Times has finally decided on both a structure for charging readers to access to its popular website and a date when the pay demands will take effect.

The Apple (AAPL) iPhone App store already has over 60,000 products and one billion downloads. It is about to get a new set of products that should do especially well. iPhone users will be able to download up to 7,000 different textbooks onto their handsets, making "education everywhere" a...