It seems like Apple’s new iTunes movie rental service has spooked investors in Netflix and Blockbuster, as shares of both video rental companies fell today after the Macworld keynote.

And yet — as I noted earlier — Apple’s own investors apparently weren’t that thrilled with the iTunes movie rental service announced today, since they shaved more than five percent off the stock’s value.

Weird.

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This entry was posted on Wednesday, January 16th, 2008 at 2:41 am and is filed under General News.You can follow any responses to this entry through the RSS 2.0 feed.You can leave a response, or trackback from your own site.