updated 03:25 am EDT, Mon October 20, 2003
In a Newsweek report, Steve Jobs said that contends that "in the long run the [online music] competition will , however, he says that the No. 1 MP3 player is not too expensive: " No, of course I donít think itís too costly. Fifty million homes have DVD players that cost that kind of money. For music lovers, I donít think itís a hurdle at all. There are sneakers that cost more than an iPod...Weíd love to have a $100 iPod! We just donít know how to do it right now. Weíre constantly trying to make cheaper iPods. Weíre working on the next step."