Quote:
Originally Posted by murraypaul
Amazon may not release numbers, but Apple do, so we know that the iTunes store is not a major part of their revenue, and as for profitability, last year they described iTunes content sales as running a bit over breakeven.
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Indeed-from last quarter:
Apple's total revenues: 28.6 billion.
Total profit: 7.3 billion.
iTunes Store revenues: 1.37 billion.
Profit: unknown
That includes music, movies, TV shows, books, and apps. We know they make 30% on apps, but music was estimated at around 10%. No idea about the movies and TV shows.
The iTunes Store is maintained to drive hardware sales, and it's tough to estimate what the Store is worth in terms of hardware sales.