from the at-least-he-read dept.
Everyone knows that George Washington couldn't tell a lie. What you probably didn't know is that he couldn't return a library book on time. From the article: "New York City's oldest library says one of its ledgers shows that the president has racked up 220 years' worth of late fees on two books he borrowed, but never returned. One of the books was the 'Law of Nations,' which deals with international relations. The other was a volume of debates from Britain's House of Commons. Both books were due on Nov. 2, 1789."
from the arrr-me-hearties dept.
An anonymous reader passes along this quote from a report at 24/7 Wall St.:
"There have been over 3 billion downloads since the inception of the App Store. Assuming the proportion of those that are paid apps falls in the middle of the Bernstein estimate, 17% or 510 million of these were paid applications. Based on our review of current information, paid applications have a piracy rate of around 75%. That supports the figure that for every paid download, there have been 3 pirated downloads. That puts the number of pirate downloads at 1.53 billion. If the average price of a paid application is $3, that is $4.59 billion dollars in losses split between Apple and the application developers. That is, of course, assuming that all of those pirates would have made purchases had the application not been available to them for free. This is almost certainly not the case. A fair estimate of the proportion of people who would have used the App Store if they did not use pirated applications is about 10%. This estimate yields about $459 million in lost revenue for Apple and application developers."
A response posted at Mashable takes issue with some of the figures, particularly the 75% piracy rate. While such rates have been seen with game apps, it's unclear whether non-game apps suffer the same fate.