Originally Posted by TEKSTUD
No.But look at their gross margin at look at the history of the iPod- it certainly became a cash cow conduit for selling music, etc and at a fixed price which Apple now hypocritically bemoans that Amazon is doing presently with book pricing.
Wrong. iPods have generated a lot of revenue in hardware sales, but iTunes music sales haven't generated much for either Apple or content owners.
Cute little anti-Apple schtick you've got, but unfortunately completely out of touch with music retail realities. Your handle seems to self imply a better grasp of such matters.
iTunes music sales hardly even dent retail music sales before MP3s appeared and launched the whole piracy thing. Right now nobody is selling a lot of music, the number of acts producing sales and doing live tours has declined to less than 20% of what it was a decade ago, and as a result the amount of music being made has declined as well.
The only label making money right now is Rhino with older catalogs, which means the only acts making money are those with endorsement deals (very few), older catalog owners for stuff like Devo and Led Zeppelin, and a handful of big bands. iTunes (when DRM was still in place) was actually starting to generate revenue for smaller and mid sized acts & labels, but again thanks to piracy this is disappearing too. It's easy to whine about these "big corporations" and the RIAA, but all of this knowledge is 3rd hand tales that are wildly inaccurate and simplistic.
Apple has never made much money from iTunes music sales, nobody really has. Thanks to those that whine about DRM, there's less quality music in every genre, a homogenizing of styles, and no good ecosystem for developing music entertainment.
Enjoy Lady Gaga, "stud".