

NBC Universal says "good-bye" to iTunes






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RE: About time!!
By TomZ on 8/31/2007 2:38:37 PM , Rating: 2
I've heard that Apple is getting $0.05-$0.10 per song, even seen that in comments here on DT. That's a far cry different than the $0.60 that is being stated here.

And I am assuming that the net cost to distribute a song is significantly less than $0.60/song. Therefore, I if this assumption is correct, then the statement that Apple doesn't earn much profit from iTunes is false.

Where am I going with this? I think the impression Apple conveys about not making profit on iTunes, only on the hardware, is just some more PR spin from Apple.

Even companies with billions of dollars of revenue go bankrupt and close down due to lack of it being profitable.

You're usually good about not stating the obvious...

