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Steve Jobs warns on digital music price hike

Apple CEO Steve Jobs has said the music industry is “greedy for considering a hike in the price of digital downloads, warning such a move would drive users back to piracy,” reports Reuters. “If they want to raise the prices, it means that they are getting greedy,” said Jobs at a news conference in Paris today. “If the price goes up, they (consumers) will go back to piracy and everybody loses,” he said.

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