Congratulations to Apple and the whole iTunes’ team for the superb upgrades to iTunes announced yesterday — including the Windows version. All I can say is WOW! — they did it right!
When you’ve got an hour to spare this weekend, be sure to watch the Steve Jobs’ announcement video.
What’s next? Tristan Louis speculates.
Bottom line: Apple now has a strong cross-platform offering for distributing protected data. As the early lead in the market, they now have potentials to expand a lot beyond the world they run in.
CNET quotes Apple’s Phil Schiller as saying:
“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.
“Just trying to have a business around downloadable music would be tough,” he said.