Steve Jobs plans video store for Apple
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Loading ...Apple Computer CEO Steve Jobs is famously secretive when it comes to sharing plans for his company’s future. If you look at the latest versions of the iTunes Music Store, you can’t help noticing support for podcasting, or “radio reborn,” as Apple puts it. Look beyond that, and you’ll notice that since May, the iTunes software has allowed you to play videos, movie trailers or even home movies. The store itself has begun selling a handful of music videos, with more being added each week. Record label sources say Apple has been in talks to sell a much wider range of music videos through the store, probably as soon as this fall. The company also has indicated to media executives that an iPod that plays video could be unveiled as early as September. That leads some industry insiders to believe that Apple is working on an online movie store and a video playback device that does for movies what iTunes and the iPod have already done for music. There are many challenges to acomplish this and these are not on the tech side but on the business side.
But don’t underestimate Jobs, whose iPod took people by surprise and now accounts for one-third of Apple’s sales. Years from now, a video service could make Apple more like Sony–a consumer-electronics giant that pipes digital music, music videos and movies into the living room or iPod-like devices.
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Tags: digital