iTunes

Robert Iger, CEO of The Walt Disney Company, said yesterday that Disney had sold over $1 million of movies via Apple Computer, Inc.'s iTunes service in the first week that movies have been available. Over 125,000 Disney titles were downloaded from the new component of iTunes.

The announcement, given at the Communacopia Conference sponsored by Goldman Sachs, was apparently intended to encourage ot

Apple's recent announcements of iPod revamps and downloadable movies met with a favorable reaction among market analysts according to Business Week.

Apple seems to have successfully introduced relatively minor, but effective updates to its iPod/iTunes product line. This should buy them some extra time to continue working on its heavily speculated upon "true video" iPod.