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iTunes Music Store sells 3 million songs in first month

“Apple Computer seems to have the future of online music in its hands for the moment,” writes Neil Strauss for the New York Times. “Its new service, iTunes Music Store, has been the first real success story in the long effort to sell music over the Internet. In just its first month of operation the service, by the company’s estimate, has sold three million songs online, at 99 cents each.

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Pixar first-quarter profit down in lull before ‘Finding Nemo’

Pixar, the animation studio headed by Apple CEO Steve Jobs, today posted a drop in quarterly profit but still beat Wall Street expectations in the lull between the DVD release of “Monsters, Inc.” and this month’s theatrical release of “Finding Nemo.” For its fiscal first quarter ended March 29, Pixar posted a first-quarter profit of US$8.2 million, or 15 cents per share, compared with $15.6

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