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iTunes Sets a New Record for Song Downloads

25 billion songs sold and growing quickly

Feb 7 2013, 1:00pm CST | by

11 Updates
iTunes Sets a New Record for Song Downloads
 
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iTunes Sets a New Record for Song Downloads

Apple's iTunes Music Store has set another major record for the digital music market. The iTunes Store has surpassed 25 billion songs sold. According to the numbers, Apple is selling 21 million songs a day via iTunes.

NPD Group reports that iTunes accounted for 69% of all digital music sales in the United States during 2012. Apple has 29% of the overall music market versus digital and physical formats selling more music than both Walmart and Target. Apple is making serious money off its iTunes business according to estimates.

The iTunes business including sales of Apple Care warranties and other services generated slightly less than $3.7 billion in revenue for Apple's quarter ending December 29. That is a 22% increase from the same quarter the previous year and the $3.7 billion is only Apple's cut. Gross sales were significantly higher when you figure in the portion of sales that go to developers, record labels, and musicians.

 

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Apple's Tim Cook: Microsoft should have released Office for iPad sooner, defends tablet sales

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Source: Neowin   Full article at: Neowin 50 minutes ago
 


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Update: 10

iPad luring in new users: over 2/3 of Apple's iPad buyers were new to iPad

Source: Apple Insider

CEO Tim Cook Visits Beijing
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Update: 9

Reports On The Death Of The iPad Are Greatly Exaggerated

Source: Apple Balla

Apple’s second quarter results were announced today by CEO Tim Cook (Mark Rogowsky has more coverage here on Forbes). As part of the earnings call, Cook talked about the sales and acceptance of ...
Source: Apple Balla   Full article at: Apple Balla 1 hour ago
 

Update: 7

Apple splitting stock as iPhone sales soar

Source: Channel News Asia

CEO Tim Cook Visits Beijing
SAN FRANCISCO: Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."Apple shares jumped more than seven per cent to $565.25 in after-market trade following the release of January-March earnings figures showing profit of $10.2 billion on $45.6 billion in revenue. The Apple ...
Source: Channel News Asia   Full article at: Channel News Asia 1 hour ago
 

Update: 6

ACM 251: What’s in an Upgrade, Apple’s Google Gambit, the Future of iPhone

Source: The Mac Observer

Dave Hamilton sits in for Jeff Gamet this week, and he and Bryan Chaffin gab about Mac upgrades, Apple's courtroom Google gambit, and what they think Apple's iPhone lineup will look like by the end of 2014. They also chew on Apple's decision to open up Ma ...
Source: The Mac Observer   Full article at: The Mac Observer 1 hour ago
 

Update: 5

Mmmm, Microsoft shows that the Surface 2 can be yummy

Source: BetaNews

Satya Nadella Delivers Opening Keynote At Microsoft Build Conference
When you think of tablets, the iPad and Android variants seem very hip and sexy. While I love the Surface 2, it conjures images of nerds editing spreadsheets. As an owner of a Surface 2 (and spreadsheet-loving nerd) I know there is much more to Microsoft's tablet -- it is great for games and media too. However, it seems Microsoft is intent on changing the public's perception of its awesome Surface 2. In a new video, the company features a hip, young, bakery owner named ...
Source: BetaNews   Full article at: BetaNews 1 hour ago
 

Update: 4

Apple expands buybacks by $37.7 billion, OKs 7-for-1 stock split

Source: Asia One

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SAN FRANCISCO - Apple Inc has approved another US$30 billion (S$37.7 billion) in share buybacks till the end of 2015 and authorised a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors.The company also approved a roughly 8 per cent increase in its quarterly dividend to US$3.29 per share.Activist investor Carl Icahn, who had famously called on the iPhone maker to ...
Source: Asia One   Full article at: Asia One 2 hours ago
 

Update: 3

Android mobile ad traffic beats iOS for first time (Matt Hamblen/Computerworld)

Source: Techmeme

Matt Hamblen / Computerworld: Android mobile ad traffic beats iOS for first time  —  But iPhones and iPads still command top ad revenues  —  Android smartphones and tablets now get the most mobile ad traffic worldwide, beating out iPhones and iPads for the first time in the first qua ...
Source: Techmeme  Full article at: Techmeme 2 hours ago
 

Update: 2

Vevo iOS app adds mini-player, will scan your iTunes for recommendations

Source: Tech.co.uk

Apple's New iPad Air Goes On Sale
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Source: Tech.co.uk   Full article at: Tech.co.uk 2 hours ago
 

Update: 1

Apple Reports Record March iPhone Sales in Q2 2014

Source: The Mac Observer

Apple announced its quarterly results on Wednesday, and the company surprised just about everyone by not only blowing away iPhone unit sales estimates, but in setting a March quarterly record while it was at it. The company sold some 43.7 million iPhones, well ahead of consensus estimates of 38 million, as well as 4.1 million Macs and 16.3 million iPads. Kelly Guimont walks us through the numbers.The Mac Observer Spin: Apple is ...
Source: The Mac Observer   Full article at: The Mac Observer 2 hours ago
 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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