Filed under: iTS, Apple Financial
Apple's 10K filing shows $3.34 billion in 2008 iTunes sales
Apple's annual SEC 10K filing showed that music-related sales increased by US$844 million (or 34%) to $3.34 billion in fiscal 2008, up from US$2.5 billion in 2007. Apple cited "heightened consumer interest in downloading third-party digital content" as the reason for the hefty increase.
Apple noted increased net sales from the iTunes Store in each of its geographic regions. An increase in the amount and types of content available at the iTunes stores was pegged as part of this growth.
[via eWeek Apple Watch]
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Reader Comments (Page 1 of 1)
tony said 10:32AM on 11-06-2008
So how much of this money actually goes to Apple?
Reply
Ashwin Narasimhan said 3:39PM on 11-06-2008
Apple takes a 21% cut of all music sales on the iTunes music store.
justin said 11:21PM on 11-06-2008
so after Apple gets its 21%, how much does it actually make after paying for all the hosting/distribution?