That was quick, wasn't it? On 12th October Apple made videos available on iTunes, to tie-in with the launch of the 5th generation iPod, which features video playback support (but don't call it a video iPod, or hardcore iFanatics will lynch you). As the month closes, Apple has announced 1 million video downloads from iTunes.
It seems there's no stopping iTunes and the ever-trendy iPod, with Apple planning to widen the scope of the content offered by the iTunes service, according to Mr. Jobs. Quite why anyone would want to pay to download a video and play it back on a low resolution screen is anybody's guess, but clearly people want to, and are, so hats off to Apple for another winner.
At the time of writing Apple's shares are up 5.64%. You can check out Apple's official press release by pointing your browser in this general direction.