Economics

iBroke

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It's great that Apple migrated iTunes to the clearly superior and much beloved Windows platform, but if you thought Steve Jobs will make more money from iTunes with the Win world you'd be wrong.

Turns out that Apple doesn't make any money from iTunes. Where does the money go? Why the RIAA, of course. Jobs just wants to sell more iPods.

(This just in: Wal-Mart plans its own iTunes-type store. Wonder how Wal-Mart will negotiate with the RIAA? BTW, I always thought that Amazon would be the first retail site to go this route.)