Horace Dediu reports for Asymco.”In the last few posts I estimated the iTunes economy in some detail. In absolute figures, the revenues and cost structures of iTunes are substantial:
• 6.3 billion transactions in the last quarter
• $4.6 billion consolidated revenues (including software & services)
• $3.3 billion in content payments
• $650 million in operating income
“However, as a part of the entire Apple revenue model, iTunes appears to be a small contributor,” Dediu reports. “The following diagrams shows where revenues came from and where they were spent during the last quarter.”
Full article here.
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]
Related article:
iTunes Store: Goodbye to break-even – March 22, 2013
The most significant stat:
“The graph was produced using an iPad and it is rendered at iPad retina resolution.”
LOL. True.
So they net $2-3 billion a year from iTunes transactions at 10c per transaction. That’s better than a poke in the eye with a burnt stick!
Horace Dediu produces excellent financial charts in keeping with the teachings of Edward Tufte. They are highly illuminating and dense with information. The iPhone has rapidly grown to have a dominating influence on Apple revenues and profits