the story is just a rehash of yesterdays market announcement, but even so, at least it is getting a wider audience through "The Age".
Because of 89 cents songs, sales are up 600%...
Great statement, but problem is that we never new what the original sales figures were. For memory, I think Domenic also said a few months ago that sales over Christmas and New year were up a 1,000%. He seems to like these brash examples, yet there are no concrete figures. So just his word in my opinion.
I would also be concerned with the price-war he has entered. Can DES maintain 89 cent structure and if so what is there profit margin? Less than 10 cents a song, I would think. Obviously DES is frontrunner in this business at present, but when playing with the financial big boys like APPLE and TESLTRA which have yet to really enter the market, can they maintain the status quo?
I hope so! Holding and waiting...but very disappointed with the current price.
MM
DES Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
