Justin Ulysses Morse wrote:

Les Cargill wrote:

I just odn't think he had a lot of margin left, after paying for the
Internet infrastructure to support iTunes. Same error as always - people
underestimate the plant costs.

I didn't get the impression that Jobs ever underestimated anything. He
said that there's no money in online distribution. He didn't say he
just found this out though.

Point well taken.

My understanding is he knew going into the
deal that it wasn't a money maker, but that he could sell a giant pile
of iPods if he made content for them widely available. Which is what
he's doing.


So he's giving the blades away, and selling the razors? Ummmm....

ulysses


--
Les Cargill