Jobs discusses phones and Yahoo, ribs Gates

In addition to showing off podcasting support in a beta version of iTunes 4.9 at the D: All Things Digital conference, Apple CEO Steve Jobs discussed the cell phone industry’s move towards digital music, Yahoo’s new subscription service, and even ribbed Microsoft chairman Bill Gates. The Wall Street Journal has the complete story (paid subscription required).

Jobs said downloading music from mobile phone carriers would be “a lousy buying experience” and likely to be two or three times as expensive as iTunes, adding that “it’s hard to see their customers as that stupid.”

The Apple chief also said that Yahoo’s $60-per-year music subscription plan was “substantially” below the company’s costs and would soon be raised. Jobs said Apple employees have a betting pool on when Yahoo will raise the $5-a-month rate. He said he put his money on five months from now.

And finally, Jobs took advantage of Gates being in the crowd (he spoke today). During his talk at the conference, Jobs asked everyone in attendance how many had iPods. After a number of hands went into the air, Jobs asked “Bill, do you have your hand up?”

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