Time's Invention of the Year: iTunes Music Store

Discussion in 'MacBytes.com News Discussion' started by MacBytes, Nov 9, 2003.

  1. MacBytes macrumors bot

    Jul 5, 2003
  2. tazo macrumors 68040


    Apr 6, 2003
    Pacific Northwest, Seattle, WA actually
  3. Keynoteuser macrumors regular

    Jul 7, 2003
    Columbus, Ohio area
    um...the Beatles?

    They mention that Apple needs to add the Beatles soon. Did the author somehow miss the statement in the last month that NO ONE will be selling Beatles tunes on the net? They don't want to join the digital revolution, so no one will have their songs.
  4. TomSmithMacEd macrumors 6502

    Nov 5, 2003
    Fargo, ND
    I want to see iTMS succeed so bad. So you know this put a smile on my face when I saw it. Of course it is true to. Someone find me a better invention.
  5. gwuMACaddict macrumors 68040


    Apr 21, 2003
    washington dc
    very true. this is a great way to reach a lot more people. people that may have heard about the service and dismissed it. good for apple. good for time for recagnizing it
  6. Sonofhaig macrumors regular

    Jan 16, 2003
    Greenvale, NY
    Now get out there and sell more ipods....
    Because Apple isn't making much on the music service. itunes and ipod are unbeatable!
  7. 1macker1 macrumors 65816


    Oct 9, 2003
    A Higher Level
    re-invention maybe, but they didnt invent online music.
  8. SoonToGetAMac macrumors 6502

    Jan 27, 2003
    I wonder how much Apple had to spend for all of bandwidth for proving the iTunes for Windows file to 1.5 million+ people.
  9. ucs308 macrumors newbie

    Aug 29, 2003

    Wow.. So Apple doubles thier profit on iTunes sales by charging me the wrong sales tax, and never handing it over. Now I understand why they chose to ignore the problem.
  10. punter macrumors 6502

    Feb 22, 2003
    10c profit or revenue? That 10 cents covers all the web costs like hosting?? that's crazy. How are they breaking even? it's probably all for loss until you bring ipod sales into the equation.

    And then 5+ other companies jump in on it too. Seems crazy!
  11. sushi Moderator emeritus


    Jul 19, 2002
    Re: Hmmmmmm


    Please explain.


  12. mainstreetmark macrumors 68020


    May 7, 2003
    Saint Augustine, FL
    Re: um...the Beatles?

    I'm of the opinion that anyone who will ever buy a Beatles album has quite likely already done so. I think all my Beatles have been purchased, listened to, worn out, lost, found and sold.
  13. morlium macrumors regular

    Dec 18, 2002
    the 10c is after 25c per song is spent on web and administrative costs.
    Apple makes about 35c per song.
  14. humara macrumors newbie

    Jun 23, 2003
    I find it hard to believe that 2003 was such a bad year that Time awarded a music store as the invention of the year. If you stop to think that this is just a last ditch effort of a dying industry. Not apple. The music industry. Those greedy ba*tards won't be able to force music down the entire world's throat anymore. The internet is going to change the paradigm of music distribution forever. Not even apple can stop that.
    The beetles not allowing their music to be distributed over the internet is a prime example of how this business model will die within years. As the record companies continue to consolidate, it will be only a matter of time before 1 or 2 companies that are left go out of business. Musicians are freed from their corporate masters.
  15. SiliconAddict macrumors 603


    Jun 19, 2003
    Chicago, IL
    Re: um...the Beatles?

    Sorry to go slightly off topic but has anything materialized with that supposed lawsuit against Apple for the iTMS?
  16. zim macrumors 65816


    Jan 5, 2002
    Hummmm, is Time making up for the pre iMac release form way back?

    I would have to say that in-terms of greatest inventions of the year, the iTMS, even if the concept is not new, the product is, is one of my most used therefore most appreciated inventions of the year, so I agree with Time :)
  17. Qunchuy macrumors regular

    Jul 17, 2002
    And where will those freed musicians go to distribute their music? This business model does not live and die based on the fortunes of the record companies. It seems that the iTunes Music Store is continuing to add "indies" even as the corporate masters fail to hold on to them. I'd say Apple has enough infrastructure, both physical and conceptual, to weather even a major implosion in the Big Label music industry.
  18. humara macrumors newbie

    Jun 23, 2003
    • And where will those freed musicians go to distribute their music? This business model does not live and die based on the fortunes of the record companies. It seems that the iTunes Music Store is continuing to add "indies" even as the corporate masters fail to hold on to them. I'd say Apple has enough infrastructure, both physical and conceptual, to weather even a major implosion in the Big Label music industry.
    Qunchy, I see your point. It will be interesting to see the iTMS live on after the record companies fail. I hadn't thought of it like that since I feel as iff Apple is just a puppet at this point in the game. Now i have a different perspective on it. Now we'll see how Apple can evolve the iTMS to live on without the majors. But even the "indies" at this point are also part of the same problem. I feel that record companies, no matter what size they are, pose serious roadblocks on the road to a truly independent music scene.
  19. Java macrumors regular

    Jan 13, 2003
    Marin County (where else?)
    vote in the Time Poll

    First off, I must say that it was a great article. Very well written.

    Second, I'm asking MR members to cast their vote in the Time Poll. I've attached an image of how it is looking as of the time of my post.

    I'm off to buy another song.


    Attached Files:

    • pic1.jpg
      File size:
      97.7 KB
  20. sethypoo macrumors 68000

    Oct 8, 2003
    Sacramento, CA, USA
    Yes! That and more advertising on college campus's. College kids will buy iPods if given the impetus.

    I really think it would benefit Apple if they would include a $10.00 gift certificate for the iTunes Music Store. That's integration!

    :) :rolleyes: :D
  21. T.Rex macrumors member

    Jun 23, 2003
    Toronto, ON
    Re: Re: um...the Beatles?

    Actually, the Beatles are consistently one of the highest selling artists year in, year out. I think a few years ago when their "Beatles 1" album came out, they were number one in sales.

    The Beatles music is pretty timeless, every generation sees the birth of new Beatles fans. I'm 21 now, but by the time I was 18 I had bought every single Beatles cd - every single one - and I can tell you there are tons of people my age in the same boat.
  22. xStep macrumors 68000

    Jan 28, 2003
    Less lost in L.A.
    First iTMS is not an invention. It is a good innovative use of available technology. Even though I haven't yet bought anything from it, I have used it enough to know it is very well done.

    A better invention; The toilet, where you can sit down to read your latest geek magazine. :)
  23. ITR 81 macrumors 65816

    Oct 24, 2003
    The Beatles suit over Apple is because of the Apple name o It's all over the name because the Beatles has record company called Apple records and with Apple going into the music business they think it will confuse people. I think they are just paranoid.
  24. MrMacMan macrumors 604


    Jul 4, 2001
    1 Block away from NYC.


    :brings the holy light of Beatles Truths:

    The Beatles record company Apple Corps sued apple Computer for its name in the first lawsuit.

    Apple computer settled this and in doing such they said they would not enter the music buisness or anything sound related.

    2) Apple Corps again sued Apple Computer for breach of their Settlement. Apple computer gave their computers not only sound capabilities, but included speakers (*worth noteing if they brought this same lawsuit now it would be thrown out of court) Apple losses and settles

    3) (Most Recent) And Probably the most blatant breach apple creates an online music store.

    I find this to be the most blatant, apple deals with the record companies for an online Music Dealing Service.

    This lawsuit is ongoing.
  25. Jookbox macrumors 6502

    Jan 19, 2002
    i guess i'm the only who cant stand the crappy quality of the files. i bought two albums, but i think i'll just stick to cds for now.

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