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  • #1

    iTunes: Windows Users Download 1 Million Songs in 3.5 Days!

    .xyz 10th Anniversary | .xyz Domain Names | Join Generation XYZ
    http://news.com.com/2100-1046_3-5093702.html?tag=nefd_top
    Celebrating 10 years of .xyz - over a decade of innovation! We are beginning the countdown to our decade-iversary! Over ten chapters, journey through a decade of innovation with .xyz. From its ambitious inception to quickly becoming a leader in the domain industry, each press release will unveil a year of .xyz’s history, challenges, and


    Apple whistles a happy 1 million iTunes
    Last modified: October 20, 2003, 8:50 AM PDT

    By Ina Fried
    Staff Writer, CNET News.com

    Apple Computer said Monday that 1 million copies of its iTunes software for Windows have been downloaded since its introduction on Thursday.

    The Cupertino, Calif.-based company also said it has sold more than 1 million songs in that same time, a significant increase from the typical rate of 500,000 or 600,000 songs the company had been selling in recent weeks.

    "We're off to a great start, and our competition isn't even out of the starting gates yet," Apple CEO Steve Jobs said in a statement.

    Apple executives told CNET News.com on Friday that the pace of downloads has been brisk, but the company did not quantify the number of copies of the software that had been downloaded. Jobs introduced the software on Thursday at a star-studded event in San Francisco that featured a performance by Canadian singer and songwriter Sarah McLachlan.

    Response to the software has been mixed, with the company garnering a lot of praise, particularly from users of the Mac version of the software who are now using it on both Macs and PCs. However, some customers--including those who use Windows 2000 Professional--have said they experienced various difficulties when running the software.

    Apple said it is looking into the problems, which have caused some machines to freeze after iTunes is installed.

    The Mac maker is counting on the Windows version of iTunes and the music store to help further boost sales of its iPod digital music player. Apple executives have said the company doesn't make money on the music store but that the software can be a "Trojan horse" to sell more iPods.
    WAAAAAY 2 GO WINDOWS USERS, AND APPLE!!!
    HAVE A DAY.
    <--- Quote by Former U.S. President Theodore "Teddy" Roosevelt
    "And there will be strange events in the skies--signs in the sun, moon, and stars. And down here on earth the nations will be in turmoil, perplexed by the roaring seas and strange tides. The courage of many people will falter because of the fearful fate they see coming upon the earth, because the stability of the very heavens will be broken up. Then everyone will see the Son of Man arrive on the clouds with power and great glory. So when all these things begin to happen, stand straight and look up, for your salvation is near!" --Luke 21:25-28
    For the Lord himself will come down from heaven with a commanding shout, with the call of the archangel, and with the trumpet call of God. First, all the Christians who have died will rise from their graves. Then, together with them, we who are still alive and remain on the earth will be caught up in the clouds to meet the Lord in the air and remain with him forever. --1 Thessalonians 4:16-17
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  • #2
    Now that's just plain cool.

    Let's hope that all of those users actually keep the app.
    I'm not conceited, conceit is a fault and I have no faults...

    Civ and WoW are my crack... just one... more... turn...

    Comment

    • #3
      Nice. Any information on when it comes to europe?
      Que l’Univers n’est qu’un défaut dans la pureté de Non-être.

      - Paul Valery

      Comment

      • #4
        Originally posted by laurentius
        Nice. Any information on when it comes to europe?
        Hints from Apple put the target month at May 2004.

        And remember, patience is a virtue.
        HAVE A DAY.
        <--- Quote by Former U.S. President Theodore "Teddy" Roosevelt
        "And there will be strange events in the skies--signs in the sun, moon, and stars. And down here on earth the nations will be in turmoil, perplexed by the roaring seas and strange tides. The courage of many people will falter because of the fearful fate they see coming upon the earth, because the stability of the very heavens will be broken up. Then everyone will see the Son of Man arrive on the clouds with power and great glory. So when all these things begin to happen, stand straight and look up, for your salvation is near!" --Luke 21:25-28
        For the Lord himself will come down from heaven with a commanding shout, with the call of the archangel, and with the trumpet call of God. First, all the Christians who have died will rise from their graves. Then, together with them, we who are still alive and remain on the earth will be caught up in the clouds to meet the Lord in the air and remain with him forever. --1 Thessalonians 4:16-17

        Comment

        • #5
          The more songs people purchase, the more money Apple loses. iTunes is a loss-leader to get people to buy the iPod.
          "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
          Ben Kenobi: "That means I'm doing something right. "

          Comment

          • #6
            Originally posted by Asher
            The more songs people purchase, the more money Apple loses. iTunes is a loss-leader to get people to buy the iPod.
            No. The iPod has 30% market share and 56% revenue share out of all MP3 player sales; couple that with the ITMS and this means for Apple!

            EDIT: Click here and scroll down to the last page (this is Apple's most recent SEC filing).
            Last edited by Mr. Nice Guy; October 20, 2003, 19:44.
            HAVE A DAY.
            <--- Quote by Former U.S. President Theodore "Teddy" Roosevelt
            "And there will be strange events in the skies--signs in the sun, moon, and stars. And down here on earth the nations will be in turmoil, perplexed by the roaring seas and strange tides. The courage of many people will falter because of the fearful fate they see coming upon the earth, because the stability of the very heavens will be broken up. Then everyone will see the Son of Man arrive on the clouds with power and great glory. So when all these things begin to happen, stand straight and look up, for your salvation is near!" --Luke 21:25-28
            For the Lord himself will come down from heaven with a commanding shout, with the call of the archangel, and with the trumpet call of God. First, all the Christians who have died will rise from their graves. Then, together with them, we who are still alive and remain on the earth will be caught up in the clouds to meet the Lord in the air and remain with him forever. --1 Thessalonians 4:16-17

            Comment

            • #7
              What does that have to do with what I said?

              iTunes does not generate a profit, Jobs has said this himself. He went on to say he doesn't think anyone can make a profit off of online music sales alone.

              iTMS exists to drive iPod sales. Due to RIAA's extraordinary licensing fees, Apple loses money off of iTunes and off of each song sold. The idea is they'll make money back with increased iPod sales. It's like console hardware, where it's sold at a loss but game sales counter that.
              "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
              Ben Kenobi: "That means I'm doing something right. "

              Comment

              • #8
                Originally posted by Asher
                What does that have to do with what I said?

                iTunes does not generate a profit, Jobs has said this himself. He went on to say he doesn't think anyone can make a profit off of online music sales alone.

                iTMS exists to drive iPod sales. Due to RIAA's extraordinary licensing fees, Apple loses money off of iTunes and off of each song sold. The idea is they'll make money back with increased iPod sales. It's like console hardware, where it's sold at a loss but game sales counter that.
                Revenue means profits.

                Link please.
                HAVE A DAY.
                <--- Quote by Former U.S. President Theodore "Teddy" Roosevelt
                "And there will be strange events in the skies--signs in the sun, moon, and stars. And down here on earth the nations will be in turmoil, perplexed by the roaring seas and strange tides. The courage of many people will falter because of the fearful fate they see coming upon the earth, because the stability of the very heavens will be broken up. Then everyone will see the Son of Man arrive on the clouds with power and great glory. So when all these things begin to happen, stand straight and look up, for your salvation is near!" --Luke 21:25-28
                For the Lord himself will come down from heaven with a commanding shout, with the call of the archangel, and with the trumpet call of God. First, all the Christians who have died will rise from their graves. Then, together with them, we who are still alive and remain on the earth will be caught up in the clouds to meet the Lord in the air and remain with him forever. --1 Thessalonians 4:16-17

                Comment

                • #9
                  Originally posted by Mr. Nice Guy
                  Revenue means profits.



                  Link please.
                  .xyz 10th Anniversary | .xyz Domain Names | Join Generation XYZ
                  http://news.com.com/2100-1041_3-5092559.html?tag=mac.nn
                  Celebrating 10 years of .xyz - over a decade of innovation! We are beginning the countdown to our decade-iversary! Over ten chapters, journey through a decade of innovation with .xyz. From its ambitious inception to quickly becoming a leader in the domain industry, each press release will unveil a year of .xyz’s history, challenges, and


                  "The iPod makes money. The iTunes Music Store doesn't," Apple Senior Vice President Phil Schiller told CNET News.com in an interview Thursday after the launch of the Windows version of the store.

                  Schiller said the music store is close to profitability but is still losing money. Apple doesn't see the business as having much long-term profit potential either.
                  ...
                  Apple has said in the past that the store was not profitable, but it has said little about the business model. Analysts have said the costs could well exceed the 99 cents per song that Apple typically gets.

                  Rather than trying to wring profits out of a few pennies per song, Apple said it is counting on a Windows version of its music store to help drive iPod sales higher. The company has sold about 1.5 million iPods so far, with roughly half of those being bought by Windows users, Schiller said.
                  "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                  Ben Kenobi: "That means I'm doing something right. "

                  Comment

                  • #10
                    Alright, something ain't right here, but let me assure you it has nothing to do with Apple, the iPod, or the ITMS.

                    I'll get back to you later. . .
                    HAVE A DAY.
                    <--- Quote by Former U.S. President Theodore "Teddy" Roosevelt
                    "And there will be strange events in the skies--signs in the sun, moon, and stars. And down here on earth the nations will be in turmoil, perplexed by the roaring seas and strange tides. The courage of many people will falter because of the fearful fate they see coming upon the earth, because the stability of the very heavens will be broken up. Then everyone will see the Son of Man arrive on the clouds with power and great glory. So when all these things begin to happen, stand straight and look up, for your salvation is near!" --Luke 21:25-28
                    For the Lord himself will come down from heaven with a commanding shout, with the call of the archangel, and with the trumpet call of God. First, all the Christians who have died will rise from their graves. Then, together with them, we who are still alive and remain on the earth will be caught up in the clouds to meet the Lord in the air and remain with him forever. --1 Thessalonians 4:16-17

                    Comment

                    • #11
                      Originally posted by Asher
                      The more songs people purchase, the more money Apple loses. iTunes is a loss-leader to get people to buy the iPod.
                      This is extremely an extremely poor reading of what was actually said.

                      Have you not heard of economies of scale? As it stands the music store is close to breaking even. It is certainly not the case that the more people buy, the more Apple will lose. This is the sort of thing people fail first year economics papers for.

                      Presumably, the iTMS, which was close to proftability just serving mac customers will do better than break even if it doubles its revenues, which it is going to do pretty easily. But even if it does, it does not justify tying up so much capital for such small returns - that is, unless there are additional benefits.
                      Only feebs vote.

                      Comment

                      • #12
                        Originally posted by Agathon
                        . . .that is, unless there are additional benefits.
                        Like a much higher stock price?
                        HAVE A DAY.
                        <--- Quote by Former U.S. President Theodore "Teddy" Roosevelt
                        "And there will be strange events in the skies--signs in the sun, moon, and stars. And down here on earth the nations will be in turmoil, perplexed by the roaring seas and strange tides. The courage of many people will falter because of the fearful fate they see coming upon the earth, because the stability of the very heavens will be broken up. Then everyone will see the Son of Man arrive on the clouds with power and great glory. So when all these things begin to happen, stand straight and look up, for your salvation is near!" --Luke 21:25-28
                        For the Lord himself will come down from heaven with a commanding shout, with the call of the archangel, and with the trumpet call of God. First, all the Christians who have died will rise from their graves. Then, together with them, we who are still alive and remain on the earth will be caught up in the clouds to meet the Lord in the air and remain with him forever. --1 Thessalonians 4:16-17

                        Comment

                        • #13
                          Originally posted by Agathon
                          Have you not heard of economies of scale?
                          Yes, I've done a paper on it.

                          How do economies of scale come into affect with intellectual property, Agathon? Further, since Apple is charged a flat-rate per song from the record company, economies of scale mean nothing here.

                          Presumably, the iTMS, which was close to proftability just serving mac customers will do better than break even if it doubles its revenues, which it is going to do pretty easily. But even if it does, it does not justify tying up so much capital for such small returns - that is, unless there are additional benefits.
                          Apple themselves have said they doubt it will be profitable in the long-term, who are you to disagree with them?
                          "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                          Ben Kenobi: "That means I'm doing something right. "

                          Comment

                          • #14
                            Originally posted by Asher
                            Apple themselves have said they doubt it will be profitable in the long-term, who are you to disagree with them?
                            Apple themselves doubted that the ITMS would do so well. Their initial goal was to sell 1 million tunes in 6 months, yet they did that in the first week. So they set a new goal: 10 million songs in 6 months, yet they did that in just 4 months. Their latest goal is to sell 100 million songs from the day iTunes (for the Mac) was launched until one year later, which I believe is April 28, 2004. Their deals with AOL and Pepsi should undoubtedly ensure that they will exceed their goal once again.

                            Who are you to agree with them?
                            HAVE A DAY.
                            <--- Quote by Former U.S. President Theodore "Teddy" Roosevelt
                            "And there will be strange events in the skies--signs in the sun, moon, and stars. And down here on earth the nations will be in turmoil, perplexed by the roaring seas and strange tides. The courage of many people will falter because of the fearful fate they see coming upon the earth, because the stability of the very heavens will be broken up. Then everyone will see the Son of Man arrive on the clouds with power and great glory. So when all these things begin to happen, stand straight and look up, for your salvation is near!" --Luke 21:25-28
                            For the Lord himself will come down from heaven with a commanding shout, with the call of the archangel, and with the trumpet call of God. First, all the Christians who have died will rise from their graves. Then, together with them, we who are still alive and remain on the earth will be caught up in the clouds to meet the Lord in the air and remain with him forever. --1 Thessalonians 4:16-17

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                            • #15
                              Oh come on, don't tell me you were fooled.

                              It's PR to do **** like that. Set very conservative goals, then release press releases promoting it since it's selling beyond all expectations!

                              It's the same thing governments here do, very conservative budget and very conservative budget estimates, then every year we have a surprisingly unexpectedly enormously huge surplus, and everyone throws a party for Ralphie...

                              It's all PR, babe, all PR.
                              "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                              Ben Kenobi: "That means I'm doing something right. "

                              Comment

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