iTunes Music Price Drop?

[c2kvette]

With all of the competitors starting up what do you think of the possibilities of Apple dropping the price of music on the iTunes store to $.79 per song.

[Vector]

Zero to none.

[Abstract]

If they want to make a profit, they'll have to keep the price where it is, or drop it to no lower than $0.90 cents or so. Approximately $0.65 goes to the record company, doesn't it? Then Apple has to pay for its own expenses.

Maybe $0.79 should just be the sale/clearance price, if "clearance" for a virtual store selling intangible song files makes any sense, whatsoever.