Jobs says there's no money in online music
Arny Krueger wrote:
"reddred" wrote in message
"Kurt Albershardt" wrote in message
...
Nathan West wrote:
Artie Turner wrote:
Now this is sad: even at 99 cents per tune, Jobs can't show a
profit with online music. I had high hopes for iTunes, but it
looks like the music has just become a gimmick to sell iPods and
sugar water.
I don't believe him for a minute. He would of know the deal going
into it before he signed Apple to be a distributor. Maybe he is
looking for a write off and is setting it up now.
Maybe he's looking to discourage potential competitors from entering
the market?
I believe him. Just imagine the overhead. The music is a promo for
ipods. What's wrong with selling ipods?
I believe that this analysis agrees with the ones currently being published
in the business trade magazines. Apple is setting up a new line of
business - portable media players. They need a legitiamte source of program
material for their players to play.
And King Gillette is rolling in his grave.
--
Les Cargill
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