
Add to Favorites \| Editor's Note			Monday 13th of November 2006 12:22:19 AM

A Million Video Downloads for ITunes

by MT Bureau - November 1, 2005 - 0 comments

Watching videos on a two and a half inch screen wasnÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢t something people appreciated, or thought would be a good idea. Well, theyÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢ve been proven wrong and ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢theyÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢ include myself. IÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢m finally planning to buy one for myself now.

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 <p>Watching videos on a two and a half inch screen wasnÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t something people appreciated, or thought would be a good idea. Well, theyÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢ve been proven wrong and ÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢theyÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢ include myself. IÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢m finally planning to buy one for myself now.</p>
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 <p>More than a million videos have been downloaded ever since Apple Inc. launched its video download service three weeks ago. The company announced today it has sold 1 million video downloads during the first three weeks they were available on its iTunes online store. The top selling downloads, priced at $ 1.99 each, included music videos from Michael Jackson and Fatboy Slim and episodes of ABCÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s hit TV shows "Lost" and "Desperate Housewives."</p>
<p>Apple launched video on its popular online store Oct. 12, the same day it announced the release of a video iPod. The company offers a total of 2,000 videos, including music videos, short films from the animation studio Pixar, run by Apple chief executive Steve Jobs.</p>
<p>"Selling one million videos in less than 20 days strongly suggests there is a market for legal video downloads", said Steve Jobs, AppleÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s CEO. "Our next challenge is to broaden our content offerings, so that customers can enjoy watching more videos on their computers and new iPods".</p>
<p>The news comes as Korean Electronics Giant, Samsung announced its plans to venture into online music download services to take a bite off the AppleÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s huge market share.</p>
<p>Apple shares gained $ US 2.63, or 4.8 per cent, to $ US 57.10 on the Nasdaq in afternoon trade.</p>
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