{"id":93,"date":"2006-02-27T22:43:15","date_gmt":"2006-02-27T21:43:15","guid":{"rendered":"http:\/\/newmediatrends.fdim.fujacks.pil.dk\/?p=93"},"modified":"2013-02-25T21:09:10","modified_gmt":"2013-02-25T20:09:10","slug":"surely-apple-makes-money-on-itunes-or","status":"publish","type":"post","link":"https:\/\/jon-lund.com\/main\/surely-apple-makes-money-on-itunes-or\/","title":{"rendered":"Surely Apple makes money on iTunes &#8211; or&#8230;"},"content":{"rendered":"<p>The word goes Apple doesn&#8217;t &#8211; or rather, that the real money are made on sales of iPods.<\/p>\n<p>Having just hit the 1 billion downloaded songs mark, can this really be true? At the time being <a href=\"http:\/\/www.macworld.co.uk\/news\/index.cfm?NewsID=13886&#038;Page=1&#038;pagePos=5\">Apple is selling 3 million songs a day<\/a> at one dollar\/euro or what have you of the same value. 3 million tracks a day makes about 1 billion tracks a year. And the number seems to grow with extra-linear pace.<\/p>\n<p>But\u00a0actually it does not look like iTunes in itself is an Apple cash-cow.<br \/>\nOnline music-selling profits are extremely low, might be as low as one or two percent. One million tracks sold makes a yearly revenue of 1 billion dollars, giving Apple a profit of 10-20 million $ a year.<\/p>\n<p>This is nice. But compared to <a href=\"http:\/\/www.apple.com\/pr\/library\/2006\/jan\/18results.html\">Apples latest quarterly financial statements<\/a> this still seems rather pale: Although best quarter ever, the figures are astonishing: Total net profits of 585 million $. If these figures hold true for the rest of 2006 as well, iTunes 2006-profits will count for less than one percent of total Apple profits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The word goes Apple doesn&#8217;t &#8211; or rather, that the real money are made on sales of iPods. Having just hit the 1 billion downloaded songs mark, can this really be true? At the time being Apple is selling 3 million songs a day at one dollar\/euro or what have you of the same value.&hellip;&nbsp;<a href=\"https:\/\/jon-lund.com\/main\/surely-apple-makes-money-on-itunes-or\/\" class=\"\" rel=\"bookmark\">L\u00e6s mere &raquo;<span class=\"screen-reader-text\">Surely Apple makes money on iTunes &#8211; or&#8230;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts\/93"}],"collection":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/comments?post=93"}],"version-history":[{"count":1,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts\/93\/revisions"}],"predecessor-version":[{"id":3802,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts\/93\/revisions\/3802"}],"wp:attachment":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/media?parent=93"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/categories?post=93"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/tags?post=93"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}