Is There a Market for iTunes Video?

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October 31, 2005

Is There a Market for iTunes Video?

Is there a market for the video service that Apple is offering via iTunes for the new iPod video? I'd say so...and the numbers seem to indicate it as well. 1,000,000 video in less than 20 days!

"Selling one million videos in less than 20 days strongly suggests t here is a market for legal downloads," Steve Jobs, Apple CEO, said in a statement. "Our next challenge is to broaden our content offerings."

What I don't get is why Sony isn't working their corporate ~~assess~~ Itms behinds off to get legal video content available for purchase for their PSP. It's mind boggling that you'd release such a great device and then not make it easy...and I mean dead simple...to buy and load video content. Maybe Sony is waiting to see if there's a market for this but I'd think that having sold millions of UMD movies worldwide would already indicate that. If companies like Sony don't act, Apple will corner the market (again). Would that bother me? Well I love my PSP but it wouldn't bother me in the least - I'm always happy when a company successfully delivers me what I want as a complete experience/service.