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Disney Posts $1 Million in Movie Sales on ITunes

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From the Associated Press

Walt Disney Co. has sold 125,000 digital copies of its movies in less than a week via Apple Computer Inc.’s iTunes store, generating $1 million, Disney Chief Executive Robert Iger said.

Disney expects revenue of $50 million in the first year from its iTunes partnership, Iger said at an investment conference in New York sponsored by Goldman Sachs.

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