falling prices

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Apple Slashes iPod Prices, Hinting at New Model

New price structure points to unveiling of new model today

(Newser) - Apple’s online store today briefly flashed new, lower prices for the company’s current slate of iPods, a likely indication that a new model will be unveiled at today’s invite-only event, the Wall Street Journal reports. The site was then down for a period for updating. The 16-gig... More »

In Wine Market, a Bubble Has Burst

Futures sales in trouble after years of spiraling prices

(Newser) - The most serious wine collectors buy their bottles "en primeur"—paying vineyards for futures of wines that haven't been produced yet. Futures prices for wine had spiraled higher and higher in recent years, even for inferior vintages, as a new class of big spenders moved into the market.... More »

Internet Music Retailers Race to Cut Prices

(Newser) - Faced with crumbling CD sales and a digital market without enough oomph to compensate, online music sellers are slashing prices to lure buyers, the Boston Globe reports. “It is the schoolyard crack dealer approach,” one analyst said. Amazon MP3 offers sought-after albums for $3.99, and others for... More »

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