McGraw-Hill Says They Did Not Confirm iPad Launch

McGraw-Hill has told Digital Daily that the company was not privvy to iPad pre-launch details and CEO Terry McGraw's remarks were misinterpreted.

"As a company deeply involved in the digitization of education and business information, we were as interested as anyone in the launch of the new device, although we were never part of the launch event and never in a position to confirm details about the device ahead of time," Steven Weiss, VP of Corporate Communications for The McGraw-Hill Companies said in a statement given to Digital Daily. "On Tuesday afternoon Mr. McGraw appeared on CNBC in a wide ranging interview to discuss our earnings announcement and growth projections for 2010. His speculative comments about Apple's pending launch, which he shared earlier in the day in a call with investors, were simply intended to suggest that if the new device were to use iPhone applications, many of our education products would be compatible with the technology and could be made easily available on it. Unfortunately, it seems that many mistakenly interpreted his comments as being more specific to yesterday's announcement. It is also important to note that only the products of trade publishers were featured in the launch event. Our digital education programs are not in that category and were never part of those negotiations."

"In the near future, you will undoubtedly see a McGraw-Hill e-book for the college market running on an Apple tablet," McGraw said. "All our titles on CourseSmart, the industry e-book consortium, are already available to students on an iPhone operating system. That's because CourseSmart developed an iPhone application last summer with support from Apple. The goal was to have core educational content available on the iPhone operating system, which also makes it possible for e-books to run on new Apple devices using that system."

"Consider then the Apple tablet computer, which will be introduced shortly," he continued. "There is a lot of secrecy about the introduction, but many expect that the Apple device will use the iPhone operating system. If that's the case, we are confident that our CourseSmart e-books should run well right out of the box on any Apple Tablet. Stay tuned."

This statement runs contrary to another report today which suggests that McGraw-Hill was abruptly removed from Steve Jobs' presentation yesterday after he heard about the comments made on CNBC.