"We're trying to compete with piracy," he said. "We're trying to pull people away from piracy and say, 'You can buy these songs legally for a fair price'. If the price goes up people will go back to piracy, then everybody loses." Jobs also reminded the labels of the sweet deal they are receiving from the iTunes store.
"The labels make more money from selling tracks on iTunes than when they sell a CD. There are no marketing costs for them." he said. "If they want to raise the prices it just means they're getting a little greedy." For months now more and more businessmen from labels have been anonymously complaining about Apple's pricing policies.
Some believed that Apple shouldn't have the right to set the prices of the music tracks they provide to the service. iTunes has sold over half a billion songs and the sales increase daily, so it's no wonder the businessmen over at the worlds largest record companies want to increase prices. Even a few cents extra per track multiplied by millions makes a whole lot of difference.
Source:
The Register
Written by: James Delahunty @ 20 Sep 2005 20:23
