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by jacobquick
4795 days ago
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If that were sales for your own company's product would you really come to the conclusion that iTunes caused CD sales to drop? Seriously, imagine for a moment it's your business on the line so you'd damn well better get the analysis right: it looks like "my product's" sales dropped off at close to the same rate before and after iTunes even existed. How did iTunes kill music sales if the downward trend started before iTunes was even available (which is plainly on that chart)? What would an honest trendline from the CD sales peak to the trough say about iTunes' impact? iTunes charges a dollar per song, about the same cost/song as Walmart used to charge for a CD in Nebraska back when everyone got in trouble for price gouging, and iTunes takes less of a % than Walmart ever did. If that chart is even close to accurate, Steve Jobs is about 90% of the reason the music industry still exists. Every time I follow a link to CNN I get more convinced that they've given up, and I'm starting to wonder why people bother linking back to these news organizations at all. |
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