Archive | September 29th, 2008
iTunes to be center of legal action in Norway
A consumer advocate in Norway has initiated a legal preceeding against Apple over its failure to open up its iTunes store to other music players. It’s not quite clear how this will play out because Apple introduced DRM-free songs for $1.29 on the iTunes store last March. The problem is that the only major label […]
Continue reading...Apple Stock ROCKED
29. September 2008
Apple’s stock price took an un-precedented tumble this afternoon after a number of investment firms downgraded the stock due to gloomy economic conditions. The stock, which hit an intraday low of $100, was downgraded by Morgan Stanely and RBC Capital. Morgan Stanley analyst Kathryn Huberty lowered her price target of Apple to $115, citing weakening […]
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29. September 2008
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