LONDON (Dow Jones)--Apple Inc. (AAPL) says it may close its online iTunes store in the U.S. if royalty rates are increased, the BBC reports on its Web site.
The U.S. Copyright Royalty Board meets Thursday to rule on a requested 66% increase for sales of digital music, pushing artist royalties up to 15 cents from 9 cents a song.
Apple tells the BBC is it unwilling to increase its 99 cents a song pricing policy or absorb a royalty rise.
"Apple has repeatedly made clear that it is in this business to make money, and would most likely not continue to operate iTS if it were no longer possible to do so profitably," Vice President for iTunes Eddy Cue said.
Hot Stock Alerts
Potential Breakout Stocks of the Day:
Showing posts with label 10/01/08. Show all posts
Showing posts with label 10/01/08. Show all posts
Wednesday, October 1, 2008
Dryships ( DRYS ) Stock Bottomed? - 10/1/08 - Time to buy Drys?
Drys stock have reversed 10% in an hour and a half going from $33.03 to $36.48......looks like a bottom to me. Dryships ( DRYS ) has been absolutely crushed over the past month and an explosion back to $45 could be on thew horizon.
Also, Potash ( POT ) is looking incredibly attractive under $130 today.
Senate is going to vote on the rescue plan tonight so stay tuned!
http://blackberrystocks.com/drys.html
http://blackberrystocks.com/pot.html
Also, Potash ( POT ) is looking incredibly attractive under $130 today.
Senate is going to vote on the rescue plan tonight so stay tuned!
http://blackberrystocks.com/drys.html
http://blackberrystocks.com/pot.html
Labels:
10/01/08,
double bottom,
drys,
dryships,
pot - potash,
stocks to watch
10/01 Stock Gainers - Pre Market, Morning Stock Market Hot Stocks
The following is a list of stocks that are set to become big gainers when the stock market opens this morning on 10/1/08.
AGM
FRPT
OXGN
NCC
TMA
FRE
FNM
ENER
CPST
FSLR
http://blackberrystocks.com/hotstocks.html
AGM
FRPT
OXGN
NCC
TMA
FRE
FNM
ENER
CPST
FSLR
http://blackberrystocks.com/hotstocks.html
Labels:
10/01/08,
biggest gainers,
pre market,
stock market gainers
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