is Apple Heading Into the Music Business?

With all of Apple's success, one may think, "what are they going to do next?" Well Apple just may be branching off into the music business. Yes, with ipods and iphones who are specifically made ofr music and a thousand other things, and a better way to do that is to buy and own a music company. they had bought a web music company called, "LaLa', which cost them roughly $80 million to do so. It was predicted that in the future, "the digital music files on people’s computers could possibly join vinyl records, cassette tapes and CDs in the dusty vault of fading music formats."

More than a decade ago, the recording industry was grossing approximately $40 million in annual sales, recently, it is only grossing in half that amount; and the total sales of digital downloading has faced a tremendous decrease. I think this could be a good idea because even though many people may have a collection of artists on their ipods or iphones, they rather stream music instead and find their favorite aritsts more rapidly. However, in order to stream their music, consumers may be asked to pay a small fee in subscription, in order to listen to music unlimitedly.

Another radio service that is widely popular among the iphones is pandora. Pandora, is a free Internet radio service, that offers an applications for iPhone, and the company says that 30 percent of its listeners connect over cellphones. in my oppinion, I havent used the internet on my ipod touch yet, but I would really interested in using the streaming of music apple has to offer.