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Shock: When You Raise iTunes Prices, People Buy Less Stuff
A shocking revelation from the Warner Bros. earnings call this morning: Since they bumped prices on a bunch of iTunes tracks, digital sales growth has slowed down! It grew 10 percent in the fall quarter, but now it’s slowed to growing just 5 percent this past quarter, which means they’re piling up less money—digital revenue grew less than half as much, 8 percent, versus 20 percent a year ago. The prudent point in this for book publishers, as Peter Kafka notes, is that raising prices like they wish might slow growth down more than they think. The price difference between a $10 book and a $15 book is a gaping maw, so I wouldn’t be surprised to see people react that much more vehemently. But we’ll see—maybe people will pay more for fancy ebooks. [MediaMemo]
Shock: When You Raise iTunes Prices, People Buy Less Stuff
A shocking revelation from Warner Bros. earnings call this morning: Since they bumped prices on a bunch of iTunes music, growth has slowed down! Digital track growth dropped from 10 percent in the fall quarter to just 5 percent for this past quarter, which means less money—digital revenue grew less than half as much, 8 percent, versus 20 percent a year ago. Warner Music’s CEO apparently conceded that raising prices during the recession, maybe not his finest idea. The prudent point in this for book publishers, as Peter Kafka notes, is that raising prices like they wish to might slow sales down more than they think. The price difference between a $10 book and a $15 book is a gaping maw, so I wouldn’t be surprised to see people react that much more vehemently. But we’ll see—maybe people will pay more for fancy ebooks. [MediaMemo]
iMac 27 Shipping Again
Update: Adam says that his Mac will arrive on the 11: Apple upgraded his shipment method for free. Did you get a notification too? Write to submissions@gizmodo.com.
After the rumored iMac 27 global shipment halt, reader Adam Pattee has sent us confirmation that his unit—purchased on January 29—is now shipping. Apple says his iMac will arrive on February 16. Updated.
iMac 27 Shipping Again
Did you get a notification too? Write to submissions@gizmodo.com.After the rumored iMac 27 global shipment halt, reader Adam Pattee has sent us confirmation that his unit—purchased on January 29—is now shipping. Apple says his iMac will arrive on February 16.
Apple Patent Shows A 3D Virtual World For Buying Their Goods In
It doesn’t sound very “Apple,” when they normally favor start minimalism over cheesy big-headed virtual characters, but as you can see from the diagram above, they are obviously considering the idea of a store you can walk through and browse the products in, with the outside elements portrayed by falling rain/sunshine etc. The patent was first filed in 2006 by Apple, so I’m hoping they just got swept up in the Second Life craze and have forgotten all about some naff virtual world where you can exchange 17 green and red apples for the latest Miley Cyrus song. [Patently Apple]
There was a time, before Avatar, when 3D meant crummy virtual gaming. A recent patent granted to Apple shows they are (or were) considering a 3D virtual Apple Store—a more welcoming way to shop for Apple products.
Google Finally Provides Limited Nexus One Phone Support
Nexus One owners can call (888) 48NEXUS between 4am and 7pm PST to speak with a real live person. Unfortunately, though, they’ll only be able to get information on the status/shipping information on your existing order. For technical support or repairs and returns, you’ll still need to contact HTC customer care (1-888-216-4736). For billing/service support, you’ll still need to contact T-Mobile (1-877-453-1304). Google doesn’t have to be its partners’ keeper, and if I were a Nexus One owner I’d rather have Google support than not. But it’s still got to be terribly frustrating to have three distinct places to turn when you’ve got a Nexus One issue. [Google via CNET]
Google has finally stepped up to the plate to offer a support phone line for Nexus One owners. It’s a necessary move, given the volume of customer complaints, but it’s also turned out to be a lackluster one.
