More Videos
- Back Off, Regulators!
- iPhone, App Strategy the 'New Dot Com?'
- Cisco Jumps; Rest of Market to Follow?
- Call It 'Microsoft Math'
- Intel in the Anti-Trust Crosshairs, but Why?
- Apple Apps—Now More Than 100K
- WoW Fights New Front in China
- Smart Phone Competition Heats Up. Again.
- A Tale of Two Smart Phone Makers
- Avatar Hype Soars Thanks to Tech
MOST SHARED
- Jobless Rate to Hit 10.5%, Keeping Fed in Box: Poll
- AIG Moving Toward Repaying Bailout: Moody's
- Home Prices Sank Further In Most Parts of US in 3rd Quarter
- Health-Care Reform Does Little To Contain Costs: Analysts
- 'Peak Oil' Closer Than IEA Forecasts Show: Report
- News Corp. May Pull Content From Google Searches
- Pociask: In The Electronics War Does The Consumer Really Win?
- Trader Tax Sound Off
- If Mickey Mouse Has to Change—What Does That Say About You?
- Nov. 10: S&P Stocks Trading at New 52-Week Highs
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- If Mickey Mouse Has to Change—What Does That Say About You?
- Nov. 10: S&P Stocks Trading at New 52-Week Highs
- Passive Job Search Strategies
- Back Off, Regulators!
- America Is On Sale
- Warren Buffett and the Crisis: 'Brilliant Moves Interspersed with Some Surprising Errors'
- Schork Oil Outlook: More Strength in Crude
- Health Reform Does Little to Contains Costs: Analysts
- Home Prices Decline Further In Most Parts of US
- Jobless Rate to Hit 10.5%, Keeping Fed in Box: Poll
- Credit Card Firms Squeeze Customers as Rules Loom
- Ponzi Proceeds: Bidding on Madoff's Toys
- Trustee Seeks Billions for Madoff Investors
- Quiz: Do You Know Your Coca-Cola Myths?
- New Lows for Stocks Next Year: Equities Bear
- 'Peak Oil' Closer Than IEA Forecasts Show: Report
RSS FEED
Tech Check
Text Size 
 |
Sure, Apple announced these plans earlier this year.
But a 30 percent price hike by any other company for any other product at a time like this would be economic suicide.
Instead, with a flick of the switch, Apple hikes prices, and shoppers — at least these shoppers — will likely absorb it, even embrace it.
That's good for Apple shareholders since iTunes, with the increased prices, now stands a better chance of churning more profits instead of the veritable break-even status the online music store has enjoyed. And it's particularly good for whiny recording labels who have always clamored for more control, more money, higher prices, more, more, more.
In iTunes' new world order, there are now three levels of pricing: 69 cents, 99 cents and $1.29. Still looking for a 69 cent song this morning, but I'm sure they're there. Polka music? Vanilla Ice maybe?
Data is a real-time snapshot *Data is delayed at least 15 minutes