After yesterday’s announcement of the new Apple iTunes movie rental service, the stock of Blockbuster tanked 17%. The end is near for those ubiquitous blue and gold stores. Personally, I loathe Blockbuster. Looking for a movie at Blockbuster is right up there with standing in line at airport security in terms of fun for me. I tried out the iTunes movie rentals last night. It took a few minutes to actually find any rentable movies (only 1,000 titles were available on day 1) but after I figured it out, it was trivial. I already canceled my Netflix subscription. Their stock dropped almost 4%. I’m also probably going to go buy an Apple TV tonight as well. That little device has finally become a compelling purchase. Awesome stuff, Apple!