25 billion iTunes downloads for Apple, but a lawsuit too

The Beatles catalog is displayed on Apple's iTunes.

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.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.


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