Mix: P2P ruling, AAPL, Fast Track Studio

Piper Jaffray said today that the iTunes Music Store “would be the primary beneficiary” of a Supreme Court decision against P2P file sharing.

Shares of Apple and key suppliers for the iPod fell on Monday after Creative Technology cut its sales outlook for the current quarter and a weekend report of increased competition from music cell phones.

M-Audio today announced the Fast Track Studio Podcasting Edition ($179), which includes “everything a consumer needs to get started”—an audio interface, microphone and software.

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