Apple denies iTMS price increase

MacMinute reports that Apple on Friday denied a report in the New York Post that it plans to raise the prices of some tracks on its iTunes Music Store to US$1.25 a song. “The rumors aren’t true,” Natalie Secqueira, an Apple’s spokeswoman, told CBS Marketwatch. “We have multi-year agreements with the record labels and our price remains 99 cents a track.”

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