Itunes

iTunes is the leading online music retailer.

Market Power

iTunes has become the dominant online retailer for music. That annoys the record labels, who would like to see more competition to reduce iTunes's power. As of February 2008 record companies were increasing backing Amazon's online music store to try to promote a competitor to Apple. AC-DC are selling their music via Verizon only for the first eight months of digital release.

Profitability

A March 2008 article in Billboard suggests that Apple's music sales business is profitable, but not hugely so, due to high advertising expenses.

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