The Wall Street Journal has published an interview with Apples CEO Steve Jobs. Overall it's a pretty well rounded interview. Some of the questions that have been asked aren't really new, but a lot of the standpoints Steve Jobs has on the music/movie industry is worth checking out.
Steve Jobs, chief executive officer of Apple Computer Inc., was the first rock star of the technology business. In 1977, with his partner Steve Wozniak, he developed the first successful mass-market personal computer, the Apple II. Then, in 1984, he reinvented the personal computer by leading the development of the Macintosh. Mr. Jobs left Apple for a while and, among other things, developed Pixar Animation Studios, whose latest film, "Finding Nemo," topped the box office last year.
Walt Mossberg: You've been the leader in legal music downloading. Where does it stand today?
Steve Jobs: We have about 70% market share of the legal downloads, which is great. But if you look at everybody together -- 100% of the legal download market -- we've gone from pretty much zero a year ago to about 2% of the legally sold music in the U.S. That's not a giant number, but if you look at it and say it's been accomplished in a year and you look at the trajectory, it's not inconceivable to see it breaking through 5% in the next 24 months as an example, maybe sooner.
News source: Wall Street Journal
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