Associated Press:

Apple Inc. is lowering the prices of songs it sells online without copy-protection to 99 cents from $1.29, a company spokeswoman said Tuesday.

The reduction, which started appearing on songs Tuesday, puts Apple closer in line with rival offerings. Amazon.com Inc., which opened its online music store in September, sells tracks without anti-copying software locks for 89 cents to 99 cents.

Well, if you were looking for proof that Apple's competitors are influencing the company, look no further. (Of course, Wal-Mart and Amazon offer the superior compatibility of the MP3 format, but maybe that's next.)

Apple spokeswoman Natalie Kerris said the price cut was not in response to competition. "It's been very popular with our customers and we're now making it available at an even more affordable price," Kerris said.

LOL. I'm sure that's exactly what it is. Hey, isn't that the excuse they used for the $200 iPhone price reduction too? "It's been very popular with our customers and we're now making it available at an even more affordable price!" If it's so popular, why do you have to make it cheaper? Sorry, I know the common sense stuff drives Apple fanatics nuts.