Originally posted by Barto
If you read Steve Job's interview with Rolling Stone, it's pretty clear he is no fan of the record labels.
Yes and no. He's a big fan of their roles as editors, he just thinks that the big 5 are defending broken business models with abusive and counterproductive tactics, which is a fair cop. What he offers in Rolling Stone is a way for them to turn around, which suggests that he doesn't think they're obsolete.
I can see GarageBand as an iMovie. Think about it: no-one is targeting professional musicians here, any more than iMovie is targeting talented directors. The software doesn't require any sort of distribution architecture beyond what's available to iMovie or iPhoto (.Mac integration and media burning/book printing) because it's not about professional content creation, it's about recording things that are important to families and friends, and making some sort of finished product available in small quantities to families and friends. A free, simple music recording app would be a hit with garage bands all across the world - many of which suck, and most of which never get out of the garage, but who cares? How many iMovies would win at Cannes? It would be a hit with schools, who could record their jazz bands and such and present kids and parents with CDs. It might even be useful to pros in the way that iMovie is, as a quick way to sketch something up.
Think about how many children play instruments. Think about how many grandmothers would like to hear Judy's first string quartet, even if it sounds like so much caterwauling. That's GarageBand's market. It's pretty big.