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Apple Makes Just $.04 Per Track
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Addicted to MacNN
Join Date: Oct 2002
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UK newspaper, The Independent has uncovered data suggesting that Apple make as little as $0.04 per track sold. Apple operates iTunes in the US and Europe, which is the largest legal music download provider. The investigation concludes that because record companies are taking such a large percentage from online sales, many companies will go out of business within years due to lack of profits.
:O
http://enjoyment.independent.co.uk/m...p?story=564004
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Mac Elite
Join Date: Jun 2004
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Originally posted by Peter:
UK newspaper, The Independent has uncovered data suggesting that Apple make as little as $0.04 per track sold. Apple operates iTunes in the US and Europe, which is the largest legal music download provider. The investigation concludes that because record companies are taking such a large percentage from online sales, many companies will go out of business within years due to lack of profits.
:O
http://enjoyment.independent.co.uk/m...p?story=564004
And only the RIAA wins. Yes, they're fine with that.
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iirc, there was an interview with steve jobs and he said that what all these companies don't realize is that there is no big money in the music store. he does not mind the tiny amount they make off each song, since they sell so many ipods because of the store.
makes sense.
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Addicted to MacNN
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Like Roxio dropping this CD software and changing its name to Napster so it can concentrate on music. Stoooooopid!
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Power Macintosh Dual G4
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Mac Elite
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Originally posted by MacGorilla:
Like Roxio dropping this CD software and changing its name to Napster so it can concentrate on music. Stoooooopid!
They're dropping their CD software?!
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Anyone who would letterspace blackletter would steal sheep. - Frederic Goudy
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Mac Elite
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So how can Apple afford to offer 5¢ to people using Apple's iTMS sponsored link program? I guess because those represent such a small percentage of the songs sold?
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Addicted to MacNN
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Originally posted by Webscreamer:
They're dropping their CD software?!
They sold it.
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Mac Elite
Join Date: Dec 2002
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Originally posted by TETENAL:
They sold it.
To which company?
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Anyone who would letterspace blackletter would steal sheep. - Frederic Goudy
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Addicted to MacNN
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Originally posted by Webscreamer:
To which company?
Sonic
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Mac Elite
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Originally posted by TETENAL:
Sonic
who ? 
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:: frankenstein / lcd-less TiBook / 1GHz / radeon 9000 64MB / 1GB RAM / w/ext. 250GB fw drive / noname usb bluetooth dongle / d-link usb 2.0 pcmcia card / X.5.8
:: unibody macbook pro / 2.4 Ghz C2D / 6GB RAM / dell 2407wfp - X.6.3
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Originally posted by MacGorilla:
Like Roxio dropping this CD software and changing its name to Napster so it can concentrate on music. Stoooooopid!
sure glad I don't own their stock!
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All-seeing and all-knowing since 2000 B.C.
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I imagine that's a slight cut out of what the RIAA makes too... least I hope so.
That said, it does suck that Apple makes SO LITTLE money off it.
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i think apple should sue RIAA for some reason and get some money that way
may be apple can claim that RIAA is being a diskhead and is not being fair and is hindering efforts to sell music legally, well you need to sue them to make more money so go figure some way to do that
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--------
the best there is
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Addicted to MacNN
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Originally posted by demograph68:
They deserve less.
Who, Apple or the RIAA?
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Matthew Wilder - Break My Stride. Oh, wait. It's not available on iTMS.
**fires up Acquisition**
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Addicted to MacNN
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Originally posted by Gankdawg:
Matthew Wilder - Break My Stride. Oh, wait. It's not available on iTMS.
**fires up Acquisition**
Great song, I haven't heard it in ages, though.
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Mac Elite
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Originally posted by TETENAL:
Sonic
Do you know if they're gonna continue to support/update Toast? I use Nero on the PC but Toast is great.
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"I start fires!"
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Professional Poster
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why dont ya'll illegally download an album and send a check for 9.99 to apple computers =P .. if it makes you guys feel better... just kidding of course 
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No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
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