Tuesday, December 09, 2003
Music Downloads Only Benefit Hardware Companies
Music downloads at .99 a pop sounds like a jingle in the pocket until you look closer. Steve Jobs has admitted that the leading music store iTunes is not a profit making venture. "Most of the money goes to the music companies," admitted Jobs. "We would like to break even/make a little bit of money but it's not a money maker." So where is the money? It's in all the iPods Apple sells. Dell is doing the same with an MP3 player, but to the rest sans hardware? Sorry gang.
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