Skip to main content

iTunes Store Sells 1 Million Videos

Apple announced that its iTunes Music Store sold one million videos in the first twenty days since video content was launched alongside the release of a new video-playing iPod. On Oct. 12, Apple expanded the range of content available on iTunes from music, audiobooks and podcasts to include over 2,000 music videos, short films from studios like Pixar, and episodes of TV shows like ABC's "Lost" and "Desperate Housewives."

"Selling one million videos in less than 20 days strongly suggests there is a market for legal video downloads," said Apple CEO Steve Jobs. "Our next challenge is to broaden our content offerings, so that customers can enjoy watching more videos on their computers and new iPods."

Popular posts from this blog

How AI Transforms Financial Decision-Making

Artificial intelligence (AI) has emerged as a transformational force, reshaping business processes and unlocking new possibilities for efficiency and innovation in corporate finance. The latest Gartner survey on AI usage in finance provides evidence of this emerging trend, offering valuable insights into the future growth trajectory of AI in finance. The Gartner survey reveals a significant milestone. As of 2024, 58 percent of finance functions actively use AI technology -- that's a substantial increase from previous years. Artificial Intelligence Market Development Perhaps even more telling is the projection that by 2026 more than 80 percent of finance functions are expected to be leveraging AI solutions. The survey sheds light on the use cases of AI in finance: AI is being deployed to enhance forecasting accuracy and provide deeper insights into financial trends. Automation of routine tasks and improved accuracy in financial reporting are key benefits observed. AI algorithms are