Friday, 21 June 2013

Apple sells more than 800,000 TV episodes and 350,000 films every day

"Apple on Wednesday announced that it sells more than 800,000 TV episodes and 350,000 movies every day on iTunes, bringing its combined total to 1.38bn downloads since video first arrived on iTunes, way back in 2005.
Apple charges anywhere between 99c for movie rentals and $20 for new releases, while TV shows are typically $3 for HD episodes, suggesting a range of $3m to $4m in revenues (before the studios take their cut) everyday."
Source:  Financial Times, 19th June 2013

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