Word: profits
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...INDICATORS Time's Up Internet icon Martha Lane Fox announced she would step down as managing director of Lastminute.com, the British online retailer she co-founded in 1998. The group announced an annual pre-tax profit...
...supplement was produced by Human Life Alliance of Minnesota, which according to its website is a “non-profit, non-denominational organization dedicated to protecting life from conception to natural death...
...million music downloads already made by Mac users). In a year when record labels hit a sour note by suing students, grandparents and 12-year-old file sharers, Jobs had effectively brokered a peace agreement: he had shown the music industry how to win friends and turn a profit on the very Internet that was being used to steal their songs...
...99¢ Apple gets from your credit card, 65¢ goes straight to the music label. Another quarter or so gets eaten up by distribution costs. At most, Jobs is left with a dime per track, so even $500 million in annual sales would add up to a paltry $50 million profit. Why even bother? "Because we're selling iPods," Jobs says, grinning...
...analyst at the New York City--based Needham & Co. investment bank. "They could sell an extra 2 million iPods because of this." And the margins on these devices make the Music Store's arithmetic look like child's play. Each $499 iPod returns as much as $175 in profit, Wolf says...