Friday, November 07, 2003

The Register

The Register: "Wasn't the Internet, this weightless kingdom of bits and bytes, supposed to make distribution costs just vanish? Apparently not.

At an Apple financial analyst conference on Wednesday CEO Steve Jobs admitted that Apple makes no revenue from the online download service, the iTunes Music Store, that he launched in April."

It must be great fun to be a monopolist in this day and age. Heck, when is it not?

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