In an interview with C|NET, Steve Jobs says that the .Mac renewal rate was 86-87%, a stunning figure. Jobs points out that many critics claimed that no one would pay the full $99 price for Apple's suite of web services, but it turns out just the opposite is true. The renewal rate, he says, is "unheard of, higher than almost anybody's. We've built ourselves the beginnings of a pretty good Internet services business."
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