The hugely popular iTunes is a success story. But not for Apple, which makes virtually no revenue from the online download service.
"When that 99 cents leaves your wallet, the RIAA monopoly swallows most of it, and the credit card companies swallow the rest. As the supplicant in this relationship, Apple is left holding the can." Steve Jobs -
"We would like to break even/make a little bit of money but it's not a money maker,"
posted by Blue Stone
on Nov 7, 2003 -
Steve Jobs on selling apps based on life beyond the Net "I edited a digital movie of my children using our iMovie software," he said. "It took me about an hour, and when I showed it to my wife, she started crying. It was clearly the most emotional thing I've ever done on a computer in my life." ...
"The Internet is a wonderful thing and for a while it was such a blinding bright light that it obscured every other bright light," he said. "It's a wonderful thing, it's a magical thing, but there are other wonderful things too. Music is a wonderful thing. Movies are wonderful things."
posted by allaboutgeorge
on Jan 21, 2001 -