25 billion iTunes downloads for Apple, but a lawsuit too
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This final note today, in which we learn once again that timing truly is everything.
A German man — Phllip Lupke, by name — has won a 10,000 Euro gift card from Apple. Seems he’s the guy who bought the 25 billionth song on iTunes. Twenty-five billion times 99 cents or so is a pretty good business model.
It’s also created something of a problem for Apple. It’s been sued by the hedge fund manager David Einhorn, who’s upset with how long its taking the company to give some of the $45 billion in cash it’s sitting on back to investors.
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