2021-09-18 05:17:17
Aplle cashing in on the mp3 revolution economics/middlemen/music/news

Slyck News – iPod Sales help Apple Soar:

Today Apple is a premier technology firm. But don’t thank the Mac, at least not entirely. According to Apple’s financial report from last quarter, the company sold over 8.7 million iPods in the last quarter. Mac sales were also impressive, with a record 1.6 million units sold. Total revenue generated by the iPod equaled $1.6 billion, while the Macs made up the difference with over $2.2 billion in sales. What about the left over billion?

iTunes continued to played a small role in Apple’s revenue with about $452 million in sales. This represents a substantial increase of 70% from the same quarter in 2005, but is actually a drop of 1% from the 3rd quarter of this year. It’s clear from Apple’s financial report that the iTunes music store is no where near the money maker that the iPod or Mac represent. Although $452 million is hardly a number to dismiss, iPod’s dominance in the market is powered by factors other than Tunes.

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