What a start !
More than 125,000 Disney movies, worth a million dollars, were downloaded during the first week of the new iTunes Store !
Disney is the first and only movie studio to offer its backing
to Apple in providing an initial 75 movies. But with such a start, I have no doubt Apple will successfully sign other studios before year end.
It sounds like Apple has a true winner in its hands.
Now that Apple stock has hit $75, what's next ? Well, I forecast $100 in the next 6 months. But careful, the volatility of Apple stock demands strong iron nerves ! Buy and stand by it !
About Disney movies, the sequel of Pirates of the Caribbean, "Dead's Man Chest" has now climbed to the 3rd spot in all time best grossing movies. See IMDB here.
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Posted by: Andy | June 20, 2007 at 10:10 PM