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Look At How Little Selling Music Matters To Apple [CHART]

Yesterday, Apple announced financial results for its fiscal 2011 third quarter, posting record quarterly revenue of $28.57 billion and record quarterly net profits of $7.31 billion.  Apple's iTunes controls 75%. Continue reading [https://www.hypebot.com/hypebot/2011/07/look-at-how-little-selling-mus

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Yesterday, Apple announced financial results for its fiscal 2011 third quarter, posting record quarterly revenue of $28.57 billion and record quarterly net profits of $7.31 billion.  Apple's iTunes controls 75% or more of the digital music market, but how much does music matter to Apple's bottom line?  Less than than you might think. Apple Revenue By Product Chart:

image from static6.businessinsider.com