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For six years, the Internet Nexus served as my technology blog, but I've since started blogging at the SuperSite Blog instead. If you're looking for the blog, please head there. --Paul

Tuesday, February 10, 2004

Apple Faces Class Action Suits on IPod Battery

Reuters: "Apple Computer Inc. (Nasdaq:AAPL - news) faces five class action suits filed in December claiming it misrepresented the battery life of its iPod digital music player, the company said on Tuesday in a regulatory filing. The lawsuit's complaints include unfair competition and claims of false advertising, fraudulent concealment and breach of warranty, Apple said." Someday, probably after Jobs is gone, Apple will figure out that customers expect the company to live up to its claims, especially when it charges such a premium for its products. Apple makes $175 profit on each iPod it sells, which is sort of an astonishing mark-up.

[ Posted at 12:26 PM | Permalink ]