Marketplace®
Every story is an economic story

25 billion iTunes downloads for Apple, but a lawsuit too

Timing is everything for the tech giant.

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.

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    5 hours ago
    25:18
  • Marketplace Morning Report
    12 hours ago
    6:40
  • This Is Uncomfortable
    17 hours ago
    30:17
  • Marketplace Tech
    17 hours ago
    6:32
  • Million Bazillion
    3 days ago
    29:48
  • Make Me Smart
    5 months ago
    24:33