To day's New York Times website explains why the magazines applications on the I-Pad don't work. The main reason is that Apple doesn't allow magazines to offer yearly subscriptions on the tablet. If you want to read the New Yorker, you must buy each issue at a price hardly lower than the paper copy. Moreover, Apple refuses to give informations on the buyers.
This schedule is most unusual for magazines which are used to offer long term subscriptions to their print editions and work very hard on their thousands of subscribers. For the average customer, the Apple offer is not attractive at all. Why should they bother to buy an electronic version of their favorite magazine when they can get it every week or month at a much lower price in a good print version?
In fact, it seems that Apple is fighting a rearguard battle. New tablets are appearing on the market that will offer much better conditions to the publications and subscribers. Apple will have to follow its competitors after having lost the opportunity to dominate the market.
One thing remains to be seen: are tablets the magic solution for the press woes?