He's the son of a veterinarian, the oldest of four rambunctious siblings, and has been reading the Wall Street Journal since age 11, according to various online biographies. He grew up outside Philadelphia's Main Line, near both old money and Amish frugality. He got a degree in economics from the University of North Carolina, married his wife Lynne and took a job at Atlanta's second-largest global investment firm. He has MORE
Philip Elmer-DeWitt - May 12, 2009 8:23 AM ET
When Apple announced Tuesday that it was finally lifting the so-called digital rights management (DRM) restrictions that iTunes music customers found so onerous, it left one thing out: the cost of doing so -- in money and, as we learned overnight, time.
"We are thrilled to be able to offer our iTunes customers DRM-free iTunes Plus songs in high quality audio," said Steve Jobs in a press release.
"It's really easy," said MORE
Philip Elmer-DeWitt - Jan 7, 2009 11:21 AM ET
"30 Rock," "The Wire" and "Battlestar Galactica" are among the TV shows honored in iTunes 2008, Apple's (AAPL) comprehensive -- and surprisingly opinionated -- year-end review. [iTunes link]
Available through what used to be called the iTunes Music Store, iTunes 2008 covers all the media the online venue now serves up: movies, TV, audiobooks, podcasts, iPhone apps and music in genres ranging from Alternative to World.
Most categories are represented by software-generated MORE
Philip Elmer-DeWitt - Dec 3, 2008 8:10 AM ET
Last we checked, the full catalog of Beatles songs was supposed to be available for sale on the iTunes Store before the end of 2008.
Well, it's not happening this year, according to one of the band's two surviving members, and for all we know it may never happen.
"The last word I got back was it's stalled at the whole moment, the whole process," Paul McCartney told reporters gathered Monday for MORE
Philip Elmer-DeWitt - Nov 25, 2008 12:35 PM ET
One of the unintended consequences of the success of the iPhone is that it has rendered the classic iPod and its diminutive sisters -- the nano and the shuffle -- nearly irrelevant. What do you need a second MP3 player for if you've already got a few hundred tunes in your pocket?
Apple (AAPL) was able to goose sales for a while last spring by sharply cutting prices on the iPod MORE
Philip Elmer-DeWitt - Sep 4, 2008 1:51 PM ET
Apple issued two nice round numbers on Thursday.
First, it announced that the number of songs purchased and downloaded from the iTunes store since it opened on April 28, 2003 has passed the 5 billion mark. This represents a continued acceleration of music sales. It took Apple (AAPL) nearly three years to sell its first billion songs (Feb 23, 2006), ten months to sell its second billion (Jan. 6, 2007), seven MORE
Philip Elmer-DeWitt - Jun 19, 2008 10:17 AM ET
No more ad-free episodes of The Office, 30 Rock, Scrubs or Friday Night Lights for $1.99 each.
As promised, NBC (GE) removed all its content and that of its affiliates from the iTunes Store over the weekend after its contract with Apple (AAPL) expired.
That means no shows on iTunes from Bravo, mun2, NBC, NBC News, CNBC, NBC Sports, Sci Fi, Sleuth, Telemundo or USA Network. (Some shows aired on NBC but MORE
Philip Elmer-DeWitt - Dec 3, 2007 9:04 AM ET