Two stories augering the future of the Itunes online music service -- one positive, one negative.
On the positive side, Fortune Magazine reports that Apple may be on the verge of obtaining the holy grail for a music service: The Beatles catalog. (Of course, Apple Computers and Apple Corps. would have to work out that chronic litigation between them over the Apple business name.)
On the negative side, conflicting stories about the volume of downloads from Itunes in 2006 caused turmoil with Apple stock. One analyst said that the number of downloads dipped 65% this year from last. Other analysts quickly jumped in and opined that Itunes had far more downloads in this last quarter than the same time last year.
In any event, Itunes still remains the juggernaut of the music industry today -- tied into the Ipod, with its dominance of the MP3-player market.
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