News
CNET: Will iTunes make Apple shine?
By Dennis Lloyd
Publisher, iLoungeGoogle+
Published: Thursday, October 16, 2003
News Categories: iTunes
“Although Apple Computer launched its iTunes Music Store for Windows amid much fanfare, the company said it doesn’t have any illusions that it can make great profits from selling songs over the Internet.
Instead, Apple is counting on the store as a key part of an overall music business for the company that can produce substantial profits—mainly through sales of its iPod digital music player.
“The iPod makes money. The iTunes Music Store doesn’t,” Apple Senior Vice President Phil Schiller told CNET News.com in an interview Thursday after the launch of the Windows version of the store. “
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in other words they don’t want any competition
Posted by website visitor on October 16, 2003 at 1:13 PM (PST)