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Under recent pressure to raise iTunes prices, Steve Jobs spoke out against the record labels today at a news conference in Paris calling them “greedy bastards”. Okay, maybe he left out the “bastards” part, but that’s what he should have said.

Record companies have begun rethinking how to price songs sold over Apple’s online iTunes store — 99 cents each in the United States and 79 pence in Britain — before new contract negotiations come up with the California-based company.

“If they want to raise the prices, it means that they are getting greedy,” said Jobs, chief executive of Apple, at a news conference in Paris on Tuesday.

“If the price goes up, they (consumers) will go back to piracy and everybody loses,” he added.

As a small footnote to that conference, Steve added that Apple is back on track to roll out the first Mac Intels in June 2006; with their entire line outfitted with Intels by the end of 2007.

[via AP]

This entry was posted on Tuesday, September 20th, 2005 at 9:13 am and is tagged with apple, music, steve jobs, tech. You can discuss this entry, share pictures, and more in the pixelbomb forums. Responses are currently closed, but you can click here to generate a trackback url for your own site.