$9.99 CDs Are Coming

Dec 28, 2001 16:23 · 214 words · 2 minute read

CD prices set to take a plungeWhether it’s piracy, a receding economy or simply supply and demand, sluggish CD sales will probably result in lower prices in the near future. [ZDNet] The article quotes an analyst predicting that CD prices may permanently drop to $9.99. After years of selling CDs at higher prices than cassettes (because CDs are “new technology”), perhaps we’ll start seeing a bit better value. As long as I can continue to rip CDs to put on our server at home, $9.99 is not too bad a price. I’d really rather just by individual songs in MP3 format at $1 or less.

CD prices set to take a plungeWhether it’s piracy, a receding economy or simply supply and demand, sluggish CD sales will probably result in lower prices in the near future. [ZDNet] The article quotes an analyst predicting that CD prices may permanently drop to $9.99. After years of selling CDs at higher prices than cassettes (because CDs are “new technology”), perhaps we’ll start seeing a bit better value. As long as I can continue to rip CDs to put on our server at home, $9.99 is not too bad a price. I’d really rather just buy individual songs in MP3 format at $1 or less.