“Apple Computer CEO Steve Jobs publicly dismissed on Thursday an overture from RealNetworks to open up the iPod, saying such a move does not make business sense,” CNET reports. “Speaking at Apple’s annual shareholder meeting here, Jobs said there would be both an initial and ongoing cost to allowing the iPod to work with other music services. ‘To be honest, it’s just not worth it,’ Jobs said, noting that RealNetworks has made a number of overtures to Apple and adding that Real’s music service has been ‘less than successful.'”
CNET reports, “Although some at the meeting questioned Apple’s declining market share, Apple executives noted that the company has chosen not to compete in the low-end desktop PC market. One executive justified the move, noting that that the company chose instead to focus on the iPod, which has been highly profitable for the company and has a 40 percent to 50 percent unit share of the market.”
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