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  Apple blasé about online music rivals
Time: 12:54 EST/17:54 GMT | News Source: Yahoo News | Posted By: Byron Hinson

Who's afraid of retail giant Wal-Mart? Not Apple Computer CEO Steve Jobs. Jobs said Monday that more than 25 million songs have been downloaded from Apple's iTunes music store, launched in April. That topped analysts' expectations for the service, which charges 99 cents a song. But iTunes, challenged now only by small players, will soon face big competitors. Wal-Mart is expected to launch a downloading site before year's end. Sony and Microsoft plan to enter the market in 2004.

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