If You Buy Movies on iTunes, Apple Loses Money (Overclockers Club)

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The announcement came yesterday that Apple would begin selling movies via iTunes on the same day they are released on DVD.* Today, news came down that Apple is apparently losing money on the deal - Team Fruit is paying around $16 per movie, and only charging customers $15 for new releases.* Yeah...let that sink in...* If this insane business practice is allowed to continue, Fruit will soon ...

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