Walmart to close online MP3 store later this month

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Date: Wednesday, August 10th, 2011, 04:11
Category: News, retail, Software

Retail giant Walmart revealed on Tuesday that it will close its MP3 store later this month, even as Apple’s iTunes continues to dominate the digital music industry.

The company declined to provide further details regarding the move, saying only that it was a “business decision,” as noted by the Associated Press. Walmart will close the store on August 29, though customers who have already purchased music through the site will still be able to access their music there.

Walmart opened its MP3 store in 2003 in direct competition with Apple’s iTunes. The digital storefront failed to gain much traction, however, with music sales on iTunes eventually passing Walmart’s combined physical and digital sales in 2008. Apple held 26.7% of all music sales by 2009, more than double Walmart’s 12.54% share.

As of late last year, Apple continued to dominate the digital music market with a 66% share, while second-place Amazon had climbed to 13.3%. Walmart’s share stood at less than 1% at the time.

NPD analyst Marshall Cohen characterized the retail industry as being in flux, noting that Walmart may be better off focusing on what it does best, rather than continuing to deliver a sub-par experience to consumers.

“It is very easy to become antiquated very quickly in the entertainment industry,” he said. “If you are losing ground, and they probably were losing ground more rapidly year after year, it’s probably better to regroup and retool.”

Walmart’s failure with its digital music store has been partially attributed to its choice of format. The company bet on Windows Media Audio, but eventually found itself competing with Microsoft’s own Zune Marketplace while being blocked from Apple’s iPod.

Apple expands buyback/recycling program for old iPhones, iPads and Macs

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Date: Wednesday, August 10th, 2011, 04:03
Category: Hardware, News

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If you have elderly Mac stuff, you can still get something for it.

Per AppleInsider, Apple has enhanced its recycling program to add a new “reuse” option that pays owners of existing iPhones, iPads, Mac or PC desktop or notebook computers a fair market value for their old equipment, paid via an Apple Gift Card.

The company continues to offer a variety of recycling programs: a place to dump unwanted electronics of any kind at its Cupertino, California head quarters (which it has operated since 2002); free recycling of Mac batteries at any of its retail stores; and free pickup and disposal of any brand of computer or display contracted through WeRecycle!, which user can obtain a free prepaid shipping label from at www.werecycle.com.

Users who own an iOS device or a computer from any manufacturer can obtain a credit for the fair market value of that device, calculated by PowerOn, a third party company Apple has contracted with to run the reuse program.

While recycling old products dismantles them and harvests valuable components such as metal, plastic and glass for recycled use in new products, reuse is an even greener option, as it extends the useful life of products that have value in the second hand market.

“If your product qualifies for reuse — meaning it has monetary value — you’ll receive an Apple Gift Card equivalent to its fair market value as determined by PowerON,” Apple states on its new recycling program website.

“You can use the gift card for eligible purchases at any U.S. Apple Retail Store or the U.S. Apple Online Store. If your product does not have monetary value, we’ll recycle it at no cost to you.”

Users can get a preliminary valuation for their old devices online, then arrange to ship them to PowerOn at no cost. The company will then contact the user if the apprised value is different than what was quoted online, a figure based on the user’s own description of the product’s condition.

If the user chooses not to accept the final value, it will be returned at no charge. Otherwise, PowerOn will arrange to credit the user via an Apple Gift Card within three weeks of receipt. The company also securely erases all data remaining on the devices while preparing them for resale.

PowerOn’s estimated value of a functional, first generation iPad in very good condition is US$165, for example. Users may likely be able to find their own second hand buyer for relatively new products in good condition, and fetch a higher price.

However, for older devices with some damage or dysfunctional features, the reuse option may provide an easier, more convenient option that still recoups some value they can then reinvest in new Apple gear.