Apple Sells a Million Videos in 20 days

Darkchaos · 10-31-2005, 07:49 PM

http://news.yahoo.com/s/nm/20051031.../media_apple_dc

Quote:

NEW YORK (Reuters) - Apple Computer on Monday said its iTunes online service has sold a million videos in under 20 days, sending shares up almost 5 percent.

iTunes, the most popular online music store, began selling about 2,000 music videos and episodes of ABC's "Desperate Housewives" and "Lost" for $1.99 (1.12 pounds) on October 12.

The debut coincided with the launch of a new generation of Apple's iPod digital music player that can play video on its 2.5-inch color screen.

Technology, media and Wall Street analysts are eyeing Apple's performance for validation that a market for legal downloading of videos exists.

Topping the list of big sellers were music videos by Michael Jackson, Fatboy Slim and Kanye West, as well as episodes of ABC shows.

"Selling one million videos in less than 20 days strongly suggests there is a market for legal downloads," Steve Jobs, Apple CEO, said in a statement. "Our next challenge is to broaden our content offerings."

At the service's launch, Walt Disney's ABC was the only nonmusic programming provider aside from Jobs' Pixar Animation Studios, which is also providing short films for the service.

Sources have said Apple is in discussions to lure more U.S. television networks to provide programming.

Apple shares gained $2.63, or 4.8 percent, to $57.10; Shares of RealNetworks, which operates a rival online music service, gained 37 cents, or 4.9 percent to $7.87 on the Nasdaq in afternoon trade.

Mmmmmmm.

Lets see, $1.99 x 1,000,000......that's........$2,000,000 in twenty days....which is $100,000 a day!

That's hot.

Spartan · 10-31-2005, 09:17 PM

Wow...

MasterAres · 10-31-2005, 10:49 PM

Just gotta say..this ipod video is AWESOME, i just got a black 60GB model at best buy about two days ago and its really a great device besides the final price with 3 year guarentee yadda yadda yadda ($486) it just seems so fragile and scratches come to it very easy :/

pached · 10-31-2005, 10:57 PM

Oh it scratches like the Nano too? I had to double wrap the screen with ceran wrap and put it in an itube to make myself feel more comfortable, but the screen is still getting more and more scratches. The nice mirrory back scratches easily too.

**Crusader** · 11-01-2005, 02:59 PM

They're pretty to look at, but I couldn't pay that much money for such a fragile piece of equipment, though, it does do some awesome things!

MasterAres · 11-01-2005, 09:42 PM

the ipod video is basically a larger version of the nano, with video

EcoBlue · 11-01-2005, 10:40 PM

Bah, Ipods can suck my Zodiac.

**GibtheGamer** · 11-02-2005, 08:38 PM