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Scooped by Philippe J DEWOST onto cross pond high tech |
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Apple's iTunes business exceeded $4 billion revenue last quarter. Horace Dediu broke down where all the sales are coming from on his site, Asymco. As you can see, it's mostly a mix of content and app sales.
Philippe J DEWOST's insight:
and enjoying a steady 25% + quarterly growth despite competition heating up Delete the scoop?
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"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... Delete the scoop?
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"iTunes has turned into an operating system — kludgier and uglier than many — a role it was never meant to fill." Delete the scoop?
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Scooped by Philippe J DEWOST |
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"Analyst Horace Dediu of Asymco has crunched the numbers on the iTunes Store—which now includes the original music service as well as the App Store and iBookstore. He concludes that it's a $12-billion-a-year business for Apple and the app developers, music labels, and TV and movie studios who sell through it.
Consider this: In its 2004 fiscal year, Apple pulled in a total of $8 billion in revenues."
Philippe J DEWOST's insight:
$12 Bn a year
Larry's comment,
January 11, 1:57 PM
the total growth of Apple between 2004 and 2012 is astonishing ...
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