“The problem so far with the pay-per-song model from a business perspective is profits — or the lack thereof. With as much as 70% of each sale going to the record label and the rest eaten up by surprisingly high costs for things like infrastructure and credit-card fees, sales volume must but doesn’t yet compensate. “It’s not a way to make a lot of money,” acknowledges Jobs. No, it’s a way to help sell iPods. Apple says sales of the music-storing, high-profit-margin palm-size gadgets almost quadrupled between the quarters before and after iTunes’ launch.”
Latest News
- Apple granted patent for Lightning port replacement
- iPhone 13 Pro: 120Hz LTPO Display and smaller notch
- Apple may launch foldable iPhone in 2023: Kuo
- Apple TV+ drama series “The Mosquito Coast” to release on April 30
- Apple to release OLED iPad Pro & OLED 16″ MacBook Pro next year
- iPhone 11 free display replacement program
- iPhone XR vs iPhone 11: Budget shopping guide!
- Apple March Event: AirPods, Apple TV, iPad Pro
- MacX DVD Ripper Pro: Lifetime License is 63% Off
- The Sennheiser Momentum True Wireless 2 Earbuds is $50 Off Today