Tuesday, September 20, 2005


No surprises here:

Steve Jobs, speaking to reporters before the opening of the Apple Expo in Paris, acknowledged that some record companies were pushing him to raise the price of each song download, currently 99 cents on the U.S. iTunes site.

Record companies already make more profit by selling a song through iTunes than on a CD, with all the associated manufacturing and marketing costs, Jobs said.

"So if they want to raise the prices it just means they're getting a little greedy."

The Apple co-founder and CEO indicated he plans to stand firm. "We're trying to compete with piracy, we're trying to pull people away from piracy and say, 'You can buy these songs legally for a fair price,'" he said.


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