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Total entries in this category: Published On: Aug 19, 2004 07:50 AM |
Word to the WiseWell, Steve Jobs is having a really good day.
First, Apple is now debt free, although I'm not so sure that's a good thing. And Napster, the number 2 music download service, is having serious problems. Napster's deal with HP fell through (just before they announced a deal with Apple), has lost $15 million over the past two months and has lost key board members and seniors executives. As Steve Jobs said "there's no money in the download business." It's a loss leader, period. (And a loss generating machine if you are Napster.) Posted: Thu - February 19, 2004 at 11:39 AM |
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