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Scooped by Philippe J DEWOST onto cross pond high tech |
Scoop.it!
"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."
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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. Delete the scoop?
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$12 Bn a year