“Apple [today] unveiled the European version of iTunes, with songs retailing for 0.99 euros, and said it will follow with a Canadian version next month,” K.C. Swanson reports for TheStreet.com. “Even before the latest offerings, the holidays were expected to be a smoking season for Apple’s portable music players. Earlier this month, the Cupertino, Calif.-based computer company reported surging iPod sales that helped it sail past analyst estimates for its September quarter.”
“Since the first iPod was introduced in October 2001 (containing a mere 1,000 songs, compared with today’s entry-level 5,000-song capacity) the music players have come to account for nearly a quarter of Apple’s revenue,” Swanson reports.
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