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Purchase New Movies on iTunes Same Day as DVD Release
CUPERTINO, California--May 1, 2008--Apple today announced that new movie releases from major film studios and premier independent studios are available for purchase on the iTunes Store (itunes.com) on the same day as their DVD release. New releases and catalog titles will be available from 20th Century Fox, The Walt Disney Studios, Warner Bros., Paramount Pictures, Universal Studios Home Entertainment, Sony Pictures Entertainment, Lionsgate, Image Entertainment and First Look Studios. Movies purchased from iTunes can be viewed on an iPod with video, iPhone, Mac or PC or on a widescreen TV with Apple TV, with new releases priced at $14.99 and most catalog titles at $9.99.
iTunes Music Store is five years old
Exactly 5 years ago today, Apple launched the iTunes Music Store, which has revolutionized the way music is sold. In those five years, iTunes has become the largest and most successful online music retailer as their competitors failed.
What Apple did right and where the others failed was having a simple price structure, not requiring a monthly subscription fee, letting you keep the music you buy, letting you play the music you buy on multiple computers or other devices, and letting you burn the music to CDs.
Apple Updates iMac
Apple® today updated its all-in-one iMac® line with the latest Intel Core 2 Duo processors and the most powerful graphics ever available in an iMac. With prices starting at just $1,199, iMac includes faster processors with 6MB L2 cache and a faster 1066 MHz front-side bus across the entire line, and 2GB of memory standard in most models. The 24-inch iMac now offers a 3.06 GHz Intel processor and the high-performance NVIDIA GeForce 8800 GS graphics as options, extending iMac’s lead as the ultimate all-in-one desktop computer for both consumers and professionals.
Apple Reports Record Second Quarter Results
Apple® today announced financial results for its fiscal 2008 second quarter ended March 29, 2008. The Company posted revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted share. These results compare to revenue of $5.26 billion and net quarterly profit of $770 million, or $.87 per diluted share, in the year-ago quarter. Gross margin was 32.9 percent, down from 35.1 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter’s revenue.
Apple Switcher Ellen Feiss' film to air online
TheDigitalLifestyle will be doing a one-time only broadcast of the film "Bed & Breakfast, featuring Ellen Feiss of Apple's "Switch" campaign. Viewers will be able to chat about the film as they watch it. The film will be broadcast Monday, April 21, at 9:30PM ET / 6:30PM PT.
