Quote:
Originally Posted by sclitheroe
Pssst...It's the other way around. iPhones, iPads, and iPods hardware sales are a 26 billion dollar revenue per quarter business. iTunes is about 2 billion a quarter.
Apple claims (and I have a hard time believing it) that iTunes is almost a break even proposition, but even if they are turning a profit, it's insignificant compared to all other facets of the company.
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Grost Profit percentage my friend.