"These rumors aren't true," said Apple spokeswoman Natalie Sequeira. "We have multiyear agreements with the labels and our prices remain 99 cents a track."
However, many album prices at the service have been pushed up -- originally virtually all albums were sold at $9.99, but nowadays some albums are priced at $16.99, which makes them more expensive than the physical CD equivalents in the United States.
More information:
Reuters via Forbes
NY Post
Written by: Petteri Pyyny @ 7 May 2004 13:52