iTunes As Apple Loss Leader

That 99-cent price to download music from iTunes still seems a little high to some, especially since it costs nothing for the recording companies to produce it. But then, Apple’s got to make some money too, right? Wrong. Apple CEO Steve Jobs says that all of that 99 cents goes back to the copyright holders – the recording companies, not artists. That makes iTunes a loss-leader. So how is Apple making money on the deal? Selling iPods…