At an Apple financial analyst conference on Wednesday CEO Steve Jobs admitted that Apple makes no revenue from the online download service, the iTunes Music Store, that he launched in April. As iTMS is the leading download service, with 80 per cent market share (or so Jobs claimed), where's your 99 cents per song going?
Read more: [URL=http://www.theregister.co.uk/content/6/33850.html]The Register[/URL].
Could this be just another reason to hate the RIAA? You tell us.