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CHART OF THE DAY: The Curious Case Of Apple's Flattening iTunes Revenue

CHART OF THE DAY: The Curious Case Of Apple's Flattening iTunes Revenue | cross pond high tech | Scoop.it

"Apple, if it were just a media company, would be pretty fearsome. Its iTunes business is on pace to do $8 billion in annual revenues.

 

But, fund manager Eric Jackson at Forbes noted something interesting about iTunes this quarter. It was flat on a sequential basis, despite the fact that Apple added 75 million new iOS devices. iTunes revenue was $2.1 billion.

 

Over the last four quarters iTunes revenue is basically flat going from $1.9 billion to $2.1 billion. Meanwhile, iOS devices have gone from 365 million to 529 million, a significant jump. Pulling further back, as we did in this chart, over the last 11 quarters, iOS devices are up 5.3X, while iTunes is only up 2X."

Philippe J DEWOST's insight:

Bizarre, bizarre...

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smartphone adoption growing 10x faster than PC business in the 1980's

smartphone adoption growing 10x faster than PC business in the 1980's | cross pond high tech | Scoop.it

The rate of iOS and Android device adoption has surpassed that of any consumer technology in history.  Compared to recent technologies, smart device adoption is being adopted 10X faster than that of the 80s PC revolution, 2X faster than that of 90s Internet Boom and 3X faster than that of recent social network adoption. 

 

Five years into the smart device growth curve, expansion of this new technology is rapidly expanding beyond early adopter markets such as such as North America and Western Europe, creating a true worldwide addressable market.

 

Overall, Flurry estimates that there were over 640 million iOS and Android devices in use during the month of July 2012.

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Facebook's Steady March To 1 Billion Users

Facebook's Steady March To 1 Billion Users | cross pond high tech | Scoop.it
Facebook announced that it now has 1 billion monthly active users. It's an incredible feat. Very few companies can say they have 1 billion customers.

Most impressive is how linear this progression is.
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