Initial iPad Sales? One Projection Tops 600,000…
Who has $500-plus to throw around on a tablet these days? Well, more than 600,000 people, according to one first-weekend estimate of iPad sales. The figure – of between 600,000 and 700,000 – comes from Piper Jaffray analyst Gene Munster, who bumped an initial projection of 300,000 after witnessing huge lines at Apple Stores.
Stateside Spotify: Coming Q3, Or Something Like That…
BusinessWeek just reported that Spotify is expecting a US-based launch during the third quarter. But that is not quite accurate, according to the company, which is now more loosely pointing to a ‘later this year’ arrival. The more vague timetable comes from communications executive Jim Butcher, who clarified (or fogged) the matter with Music Ally.
Same Ol’ Song at the Orchard: More Revs, More Losses…
The Orchard bumped revenues during the recent quarter, but losses continued, a familiar financial pattern for the company. During the fourth quarter of 2009, revenues upped 3 percent to $16.7 million, from $16.2 million previously.
Report: Apple Urging Labels to Reject Amazon MP3 “Daily Deals”
Apple has begun urging record labels not to participate in a discounted MP3 promotion offered by rival Amazon.com and withdrawing iTunes Store marketing support for some releases featured as Amazon “Daily Deals,” Billboard reported, citing sources.