Apple’s iTunes Store generated $3.9 billion in Q3, up 25% YOY

“In somewhat of a surprise from Tuesday’s quarterly conference call, it was announced that iTunes Software and Services generated $3.9 billion, which represents a whopping 25 percent increase compared to the year-ago period,” AppleInsider reports.

Apple CFO Peter Oppenheimer “said some 1 billion TV episodes have been downloaded from the digital storefront since its inception, while more than 800,000 shows, and 350,000 movies, are downloaded each day,” AppleInsider reports. “Apple noted on Tuesday that the number of iOS titles up for offer has slowly grown to 900,000, 375,000 of which are designed especially for iPad.”

AppleInsider reports, “Developers have made $11 billion from App Store sales, half of which came from the last four months.”

Full article here.

MacDailyNews Take: Money machine.

20 Comments

  1. “Developers have made $11 billion from App Store sales, half of which came from the last four months.”

    That is far and away the most mind-blowing statistic from the call. Half in the last 4 months!!!!! The iOS platform is on fire!

    1. But, but, but . . . Samsung is going to have a great big developers conference like Apple and Android developers will makes tens of thousands of dollars after. Some of them may even be able to make a living by programming for the Android platform.

  2. I love iTunes. The only thing that drives me nuts is Sound Check. I wish Apple and the Labels would work on standardizing volume level across the board.

  3. Sure, like the great stuff from John D. Loudermilk circa 1969 that I recently located over there. And you’re right about current pop music—unlistenable. Am I really getting that old, or is it actually dreck? Whatever. ITunes rules, it has enriched our lives in many ways.

        1. Most ‘songs’ seem to have lyrics made out of several trite sayings (trite |trīt| adjective – of a remark, opinion, or idea) overused and consequently of little import; lacking originality or freshness:)

  4. How is this a surprise? Apple stated a couple of months ago that 50% of the total Apple TV sales had happened in the last year so of course sales of shows and movies would have massively increased.
    Obviously lack of research and common sense is the definition of journalism right now.

  5. App store alone generated almost 4X the revenue of Netflix for the quarter. Maybe Apple should spin it out as a tracking stock. Using NFLX metrics, the iTunes store would have a market cap of $50 billion or about one eighth of Apple’s total market cap.

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