Bad News for Apple
DVD Jon, the guy who cracked the encryption on DVD's at age 15 is at it again. According to a Reuters story at WashingtonPost.com Jon Lech Johansen has cracked the "Fairplay" copy protection Apple uses to keep iPod users on the iTunes plantation of music downloads.
He's planning on licensing the technology to other companies, opening iPods up to other music services.
Considering the iPod and iTunes have been the big drivers of Apples resurgent profits the last few years, this isn't good news. I'd expect a small downward move in Apple stock today based on this news, though it won't amount to much in the near term. (I am not an investment advisor, don't use this as advice on how to manage your portfolio.)
Before you get all giddy about using some other music service to load up your iPod with tunes, keep in mind that Apple has copyrighted the techology, and will probably file a lawsuit against Johansen and his company in an attempt to keep all those users feeding at the iTunes trough.
Technorati Tags: Apple, iTunes, iPod, Music Downloads
He's planning on licensing the technology to other companies, opening iPods up to other music services.
Considering the iPod and iTunes have been the big drivers of Apples resurgent profits the last few years, this isn't good news. I'd expect a small downward move in Apple stock today based on this news, though it won't amount to much in the near term. (I am not an investment advisor, don't use this as advice on how to manage your portfolio.)
Before you get all giddy about using some other music service to load up your iPod with tunes, keep in mind that Apple has copyrighted the techology, and will probably file a lawsuit against Johansen and his company in an attempt to keep all those users feeding at the iTunes trough.
Technorati Tags: Apple, iTunes, iPod, Music Downloads
posted by Crazy Politico at 5:51 AM
1Comments:
I think there are a lot of better choices than the iPod, too. The thing about being the first on the market was the big lead they got in marketshare. Now, even though you have a Zen, I'll be a lot of folks call it an iPod.
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