“During the last quarter Apple changed the pricing for iWork and OS X to zero,” Horace Dediu reports for Asymco.
“I estimate the net effect to have been a reduction in revenues from those software titles of about $350 million for the quarter,” Dediu reports. “Nevertheless, increases in services and app revenues means that the iTunes total reported revenues increased to a new record.”
“On a yearly basis iTunes/Software/Services is nearly half of Google’s core business and growing slightly faster,” Dediu reports. “The iTunes ’empire’ of content and services would be ranked as number 130 in the Fortune 500 ranking of companies (slightly below Alcoa and above Eli Lilly).”
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