> I don't think that Apple providing a high quality narration tool with their phone which can be used on any ebook would infringe licensing terms.
Oh, it definitely would. This produces a derivative work besides anything else.
> It's not like they'd be saying "Here is this specific title for you to read/buy/rent", they'd be releasing a tool with the power to do that.
That's exactly what they will be doing from the point of view of copyright law.