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It may be a bit hyperbolic to say Walmart was "unable to compete with iTunes." From what can be gleaned, neither Apple nor Walmart makes much of a profit resell
by keithwinstein 15y ago
It may be a bit hyperbolic to say Walmart was "unable to compete with iTunes." From what can be gleaned, neither Apple nor Walmart makes much of a profit reselling songs for 99 cents. Apple, of course, has other reasons to want to take a loss or operate a marginal music store that helps it sell iPods, but one can understand why Walmart wouldn't realize the same side benefit.
- Cushman 15y agoIsn't that still not being able to keep up? Whether or not either of them makes a profit on the sale, Apple makes money selling songs as a loss leader, and Walmart doesn't. Outcompeted.