RealNetworks' CEO made news last week when publicly asking for Apple to allow them to license Apple's Digital Rights Management format to use with their online music store. Such a license would allow Real to sell digital music downloads that would be compatible with the Apple iPod.
Cnet reports that Steve Jobs publicly dismissed such cooperation, saying "To be honest, it's just not worth it" at the annual shareholder meeting. Jobs notes that Real's music service has been "less than successful."
MacCentral provides more detailed notes from the shareholder meeting.