There's nothing that makes more sense than selling digital content. It completely removes the inventory problem. It completely removes physical handling of goods. That's really the holy grail for online retailers.
More Quotes from Phil Leigh:
The potential for music phones is similar to camera phones. People didn't think they needed a camera phone, but once they saw it, they liked it. Music in the phone is the wave of the future, but it will start slowly.Phil Leigh
Since the market has, for the last 10 years, been steadily trending toward digital media, this has worked towards the advantage of Apple.
Phil Leigh
Until just before Christmas, the big brokerage firms had tried to ignore it, as though it was some annoying insect that would eventually fly away. Now it's gotten their attention. But most of them are very slow to respond, and there isn't much time.
Phil Leigh
Their world is an analog world it isn't digital. Electronic media of the future is clearly going to be digital. So you need to have digital in your DNA.
Phil Leigh
If the labels really want to fight piracy, it defies logic to increase prices and create more of a disincentive for the consumer to use legitimate providers. If they want to encourage the public to use legitimate online pricing, raising prices is about the last thing they should think of doing.
Phil Leigh
We're spending more time on our computers. Even though television viewing is up, there is still a percentage that they're losing. If they put programs on the Internet, they can capture more of the audience. That's one of the key factors driving the networks.
Phil Leigh
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