iTunes and app sales projected to grow to 20% of Apple profit by 2020

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  • Reply 21 of 24
    arlorarlor Posts: 533member
    Quote:

    Originally Posted by Benjamin Frost View Post

     

     

    Well, yes, I too was wondering at the escalation from breaking even to 90%. However, you are conflating Apple's 30% cut (you call it margin) of iTunes sales with a 10% margin. Schachter was saying that Apple's 30% cut is now 80 or 90% profit, which seems pretty extraordinary and possibly suspect to me. But maybe my dull brain needs enlightening.


     

    Maybe they're using Mechanical Turk for app approvals. ;)

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  • Reply 22 of 24

    This will make my broker happy!

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  • Reply 23 of 24

    I wonder what Steve Jobs would have thought of this...

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  • Reply 24 of 24
    socialcap wrote: »
    I wonder what Steve Jobs would have thought of this...

    Wonder away.
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