TMCnet’s Scott Bouchard points out something very scary for publishers and that is the face that the new Apple Reader has the potential to really hurt page view revenue based on ads as it strips the text of articles and presents them devoid of sponsors or ads. While this could be a short-term win for users, over time it could kill the ability for media companies to make money in the way they currently do. This may be a major concern. Something worth watching for sure.
I haven’t had time to check this feature out myself yet and to learn more here is Scott’s article.