Wall Street Doesn't Like What Steve Says

Wall Street is not happy with "The Beat Goes On" special Apple event held today. Apple stock dropped more than 4 or 5 or 6 (make it $6.90 at closing) dollars when Jobs was hawking more iPods and slashing iPhone price. NBC Universal has just given 90 days notice not to renew its contract with iTunes and takes its business to Amazon where nobody really buying, well maybe that would change with new contents added, or maybe not. NBC Universal always thinks iTunes should price their video offerings at a higher price, but for Apple, the iTunes Store is just a means to sell more expensive iPods, so the video is selling at 1.99 a price most content providers aren't happy but grudgingly go along because of the huge iPod user base. NBC Universal has just had enough with chicken shit Apple and decided to play hardballs. Let's see if other content providers follow suit. An iTunes store with no content is no store at all. But then iPod has this huge user base. It's going to be a great fight. Well, we can always go back to pirating if things don't work out.

The new iPodtouch comes with WiFi, it plays songs, video, browse the world wide web and do your dishes, okay, maybe not the last bit. But can it do VoIP? Guess not (because that would eat into the iPhone market and pisses off its wireless carrier at&t ... well maybe not so much on the last bit, let's just turn a blind eye to let hackers unlock the iPhone.). If it does then it would be fantastic. You have an iPod that can do phone calls without the phone company getting into the way between you and your callee. I hope Google can come up with something like that. They should, I would buy into that.

... iWhoring finished.

Apple slashes iPhone price.