iTunes Pass offers sneak peek at Apple’s mobile payment service

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Apple has launched a new service called iTunes Pass in several countries, including Japan, Brazil and China.

The service lets customers buy iTunes Store credit from brick-and-mortar Apple retail stores — only using Passbook, rather than the physical gift cards most commonly used. The service appears to work by letting users add a new iTunes Pass inside the Passbook app, which they can then present at their local Apple Store. The user then states how much money they would like to turn into iTunes Store credit, and this is instantly transferred to their account.

This Handy Web Tool Is A Much Faster Way To Search The App Store

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Woz: I Don’t Hate The Jobs Movie, But Steve Wasn’t The Saint You Think He Was

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Apple co-founder Steve Wozniak famously slammed the one-minute teaser for Ashton Kutcher’s Steve Jobs biopic and its script back in January, but that doesn’t mean he has a hatred for JOBS before he’s even seen it. In fact, Woz says he’s open to it as long as it’s entertaining and inspirational, and accurately portrays what really happened during the early days of Apple.

But he’s concerned the movie will depict Steve Jobs as a saint who was immune to failure.

NPD: iTunes Leads The Race In Online Video On Demand [Report]

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Awhile back it was reported that the iTunes Store is one of the biggest media companies in the world. The iTunes Store generated $8.5 billion in revenue last year, which is more than many of America’s top media companies combined.

Apple has been the tech industry’s pioneer for abandoning physical media, and iTunes is a testament to the success of digital downloads. According to a new report from the NPD Group, iTunes dominates its competitors in terms of online video on demand.