Music is 36% of Apple revenue, 3 billion songs sold

Did Apple place iPod revenues under the iTunes Music Store? It seems a little odd to report iPod revenue as "from music" when it is mostly a hardware product for Apple. (Unless Apple is creating seperate business units for music, phone, Macs and software.)

Related to music, yes ... but that just seems misleading to say that 36% of reveune is "from music" ... at least to me that made it seem like you were talking specifically sales from iTMS.

The live bookmark is titled ..... "iTunes: 36% of Apple Revenue"

.....since I can play music on my MacBook, let's add all the laptop revenue on the music pile, also.

misleading headline

misleading article

false logic

just typical macnn spin...

except spin requires an agenda

so whats the agenda??

Record companies, reason for existing, was that in olden times, you needed a manufacturing plant to create a plastic record. You needed trucks and storefronts to distribute these produced records.

Nowadays, there is no reason for the RIAA and its members to exist. Manufacturing, of digital products, not a concern. Distribution, handled by iTunes. 17% online...will eventually be a majority online, to almost all online...the writing is on the wall.

Would you hire a loan shark, if you didn't have to? Bands don't need the record companies...right now, people still think its your ticket to success, but all it will take is a few bands getting successful without them....then, when the general understanding is, I have a choice, to become a success like this band: and maintain control and profits...or become a success like this band: slave to record companies.

Well, it only takes a few pioneers, and then its all over.

iTunes store sells music primarily, also audio books, movies TV shows, class lectures etc. iPods PLAY MUSIC PRIMARILY. They also play all the other stuff the iTunes Store sells/gives away.

I have no problem with that connection, why do you?

Z

I can "play music" with a spoon on a plate and a water goblet, does that make them musical instruments, or are they still eating utensils?

Z

Apple did NOT sell 3 billion songs this quarter. Lets pretend it was 1 billion (not even close).

At .99 that still only amounts to ~$1 billion which is not 34% of $6 billion.

But this is revenue not profit - if what I read on the internet is true (ha ha...etc) and the profit margin is tiny then they are still making most of the money from hardware.