carletonmusic said:
Even if the music service sold 100 million songs, that would add up to just $88 million -- insignificant for a company that recorded nearly $260 billion in revenue last year
Flowbee said:It seems to me that the Walmart music store is just a scheme to create publicity and drive traffic to the Walmart website. It worked on me. I had never visited the Walmart website until I went to check out the music store. Walmart, like Apple, will profit by increasing sales of their other merchandise.
paulwhannel said:walmart's store will fail just like all the rest, including the Coke one, the Sony one, etc. There might be a couple of competitors when the dust settles, but even if one or two companies survive (like Napster), iTMS will still be the ****. walmart is just doing this for publicity and because they're too goddamn ignorant to understand that there are already like 2 dozen services and that they're all failing. If the late '90s was the dot-com bubble, this is the music bubble. will be fun to watch it burst.
So, go ahead and sell songs $.11 cheaper. It's not going to help. Walmart's online store will be defunct before it hits 5 million songs sold, i'll stake my reputation on it. (hehehe)
paul
wdlove said:Its not going to work on me, planning to stay loyal to Apple. This may just be a passing fad.
Colonel Panik said:And I have a question for you US citizens. When I tested out the Walmart site, I got to the checkout, and it said, "sales tax not included".
When you use the iTMS, is Sales Tax included in the 99c?
I cannot test this as I'm outside the US.
wordmunger said:For my first few ITMS purchases, I was charged sales tax. But in the last few months, I have not been charged. I don't know why.
vixapphire said:thank wal-mart for bringing price competition into this arbitrary market. just because surveys and statistical analyses have shown that college students' WTP is 99c doesn't mean enough to me to want to spend that cash. call me a dinosaur, but i prefer the packaged goods model if i'm spending anything beyond about 50c/song. if my cd goes south, i contact the manufacturer and they send me a replacement (i did this with a mahavishnu orchestra cd on cbs/sony). when your ipod's HD takes a big greasy dump 2 years after you bought that stellar d/l album by the band you've already forgotten, do you have to go buy it again? no thanks.
kudos to all the developers for setting this business mechanism up; it's a wonderful achievement. but dude, as they sell into the tens of millions of songs, consumers are right to ask why the costs aren't coming down, since the development costs will have been recouped.
let's have a few more wal-marts, then, and faster, so that the pipeline companies like apple can charge a fair/square coin to their purchasers.
ok; now you can all flame me to death for this post...