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Steve Jobs, Apple’s CEO, said in an interview with Reuters
that Apple’s iTunes customers are not into renting music. Instead they prefer
to own the songs they download from iTunes music stores.
In Jobs’s opinion the subscription model has failed so far.
Still Steve Jobs didn’t rule out completely a subscription-based scheme. "Never
say never, but customers don't seem to be interested in it," Jobs said during
the interview.
iTunes Store was launched initially to promote iPod player,
but in three years Apple has managed to transform into the biggest online music
download service. In February 2006, Apple has celebrated the 1 billionth
download from iTunes.
In early April, Apple announced that 2.5 billion songs, 50
million television episodes and over 1.3 million feature-length films have been
purchased and downloaded from the iTunes Store, making it the world's most
popular online music, TV and movie store.
Also, during last month, in a joint press conference Apple
and EMI announced that it will start to sell DRM-free songs on iTunes. Of
course, the price of those songs is higher ($1.20 per pieces) than these of the
regular songs ($0.99).
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