The Wisdom of (Steve) Jobs

“We’re trying to compete with piracy. We’re trying to pull people away from piracy and say, ‘You can buy these songs legally for a fair price.’ If the price goes up people will go back to piracy, then everybody loses. The labels make more money from selling tracks on iTunes than when they sell a CD. There are no marketing costs for them. If they want to raise the prices it just means they’re getting a little greedy.”

-Associated Press, Sept. 20, 2005

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