Best Buy Throws Away $121 Million

I am all for competition. Competition is good. Does Best Buy really think they are coing to compete with iTunes? Seriously?

Best Buy Co Inc plans to buy digital music service Napster Inc for $121 million in cash in an effort to compete with Apple’s dominant iTunes service and its iPod music players.

Best Buy, one of the largest retailers of CDs, and Napster, once the best known name in digital music, both offer digital subscription services, but neither have mounted much of a challenge to Apple, which holds more than 70 percent of the U.S. digital music market.

As the owner of an iPod Nano 3G, I cannot see myself every using Napster or best Buy or whatever they become once they are merged. Why would I? Hell, even if I fired up my Zen Jukebox, which I still do from time to time, I would use iTunes long before anything else.

How are all those other iTunes competitors doing anyway? Bueller? Bueller?

Yeah, got it. If Best Buy wants to keep tossing money away like that, they can feel free to toss a couple million my way. I bet I can make it last longer than the deal with Napster will. Once this deal goes through, they’ll find their company shrinking and it won’t be caused by weight loss diet pills. It’s a no-win situation for them, I believe.

– Posted with Stuffr! –
Sphere: Related Content

Comments are closed.

An Endorsement

The following endorsement is a personal one involving my mother's cousin, who is one of the most awesome people I know.

Are you interested in learning more about safe and effective Lap-Band® Surgery?

JoAnn Jackson, RN, BSN, of Dr. Kuri & Associates, can answer your questions. She had the surgery in January 2006, lost more than 100 lbs, and most importantly, has kept it off with minimal effort. Contact her by submitting a request, or call her at 1-888-223-4046. She can help you gain back control of your health and life.


 
Copyright Information
All original content is
copyright © 1997-2010,
The One And Only
Slobokan.
Serving The Schtuff Since 1997!
All other material and brand or product names are copyright and/or registered trademarks of their respective holders.
 

 
E-Mail sent to any alligatorpit.com address, or the feedback address listed at the top of the page, may be considered for publication unless the recipient is expressly notified otherwise.
 
Creative Commons License
 
This weblog is licensed under a Creative Commons License.