Quote:
Originally Posted by Sonist
You should take a look at Steve Jobs saying that he sees the App store as a billion dollar sector. Apple is estimated to have realized a quarter of a billion dollars profit from it in 2009. Plus, it's not just apps. It's all sorts of media that Apple is trying to sell you while in the walled garden, and take a cut from each sale. This includes books, even though Steve Jobs claimed a year ago that "nobody reads" anymore....
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Thanks for correcting me. I said 95%, a billion dollar sector of a 50 billion dollar company is 2% (and that's expected, not even actual). So actually 98% of revenue comes from hardware, not the paltry 95% I previously quoted. I love it when I'm proved wrong!
Oh, and if you look from a profit perspective, it represents 1.47% of profit, so again, thanks for proving me wrong.