updated 07:25 am EDT, Wed July 7, 2004
FT: Apple and online music
Apple is in danger of if it stumbles in its efforts to stay ahead of competitors, an article in today's Financial Times explains. Such a blunder could be especially painful for Apple, which has seen its shares rise 124 percent since launching the iTunes Music Store, despite continuing to lose market share in the PC space. "Against this background, digital entertainment appears to represent Apple's best long-term growth prospects... Yet investors are still waiting for Steve Jobs to make his next big move."