Kenny Foster on Wednesday, Feb. 13th
Apparently Apple made more money from iTunes and accessories sales alone than all other companies made from phone sales during the most recent quarter.
In a new analysis of Apple revenue by the always reliable Asymco website, author Horace Dediu also notes that iTunes may be worth more to Apple than its Mac business within the current year. “iTunes+Accessories combined is a bigger business in terms of revenues than any of the other phone vendors except Samsung. iTunes is now Apple’s fourth largest business, having overtaken the iPod in revenues two years ago. iTunes growth relative to the Mac means that it could become the third largest business during this year,” Dediu said.
What Dediu fails to comment on is the emergence and continued growth of the commercial music streaming service Spotify and it’s possible shakeup of the digital music industry.
Maybe I’m getting ahead of myself, but for now, with Samsung being the only outlier, this study proves Apple’s current dominance over, well, everybody.