Apple iTunes: Make Money by Losing Money

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Apple iTunes: Make Money by Losing Money

07:44 | Jason Lopez | Mar 8th, 2008 12:01am |

Recently, NPD Group reported that Apple’s iTunes store moved into the number two spot in 2007 for music retail sales in the U.S. (Wal-Mart remained at number one.) Selling music has been tough — ever since the RIAA took on Napster and Grokster, less downloaded music is being paid for, not more. Where does this leave Apple? In this podcast, PodTech’s Jason Lopez and Kevin Edwards discuss why Apple has been relatively comfortable in an industry where the profit margin appears to be razor thin.

Tags: Apple, download, iTunes, music, Jason Lopez, Kevin Edwards, NPD, Wal-Mart, Napster, Grokster, RIAA

This entry was posted on Saturday, March 8th, 2008 at 12:01 am and is filed under Editorial, Enterprise 2.0, PodTech News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.