iTunes by the Numbers: 800M Accounts, $5.2B in Billings, 70B App Downloads

Discussion in 'iOS Blog Discussion' started by MacRumors, Apr 23, 2014.

  1. macrumors bot

    MacRumors

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    During its financial results call covering the first calendar quarter and second fiscal quarter of 2014, Apple shared details on the success of its iTunes Store, which has become an increasingly important revenue source for the company in recent years, mainly due to the popularity of the App Store.

    Last quarter, Apple's customers spent a total of $5.2 billion on iTunes purchases, up 24 percent year over year. That's also up from $4.7 during the first quarter of 2014. Cumulatively, Apple's App Store has seen 70 billion total app downloads, up from 65 billion in January.

    Apple has 800 million iTunes accounts, most with credit cards attached, an important fact in light of Apple's potential interest in entering the mobile payments market. Back in June of 2013, Apple announced 575 million customers had iTunes accounts, marking a massive growth increase.

    Overall, Apple shared via its financial results report that it posted revenue of $45.6 billion and net quarterly profit of $10.2 billion, or $11.62 per diluted share, compared to revenue of $43.6 billion and net quarterly profit of $9.5 billion, or $10.09 per diluted share, in the year-ago quarter.

    Article Link: iTunes by the Numbers: 800M Accounts, $5.2B in Billings, 70B App Downloads
     
  2. macrumors 68000

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    Central California
    #2
    I still don't like the new iTunes logo...
     
  3. macrumors 6502

    Joined:
    Feb 24, 2014
    #3
    Is the logo uneven..? Has it always looked like that?
    It looks... Off center..?
     
  4. macrumors 601

    Icaras

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    California, United States
    #4
    Same here. I do like however, the iOS 7 iTunes logo much better.
     
  5. macrumors 6502a

    Sabenth

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    #5
    They post record numbers & the issue is a bad crop of a logo hell now I see why iradios not in Europe of kilt logo placement
     
  6. macrumors 6502

    Joined:
    Sep 2, 2012
    #6
    Quick maths per global population of 7 billion:
    10 apps were downloaded per person on earth
    11% of the population now have iTunes accounts
    Every person could get $0.74.2 each
    When you look at it that not many people have iTunes
     
  7. macrumors 604

    Jessica Lares

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    #7
    I like that the profit has gone up, but I don't like that the majority of consumers these days have no problem spending $20 every month for stupid IAP, yet won't buy a $0.99-5 game.

    But whatever, 800 million accounts is an amazing number.
     
  8. macrumors 6502a

    CrazyForApple

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    Location:
    Buffalo, NY
    #8
    yay!! I'm one of 800 million people. I am proud of myself
     
  9. macrumors regular

    Msail30bay

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    Jan 4, 2014
    Location:
    Penn., USA
    #9
    WOW!! ………… Just keep our credit card(s) info safe.;)
     
  10. macrumors 65816

    Tankmaze

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    Mar 7, 2012
    #10
    Wow iTunes business is huge, it can be a different company on its own.
     
  11. macrumors 6502

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    Jun 11, 2012
    #11
    I'd love to know what percent of sales were from non-ios devices. I bet there's a huge market there that iTunes takes only a tiny fraction of, and that Amazon dominates.
     
  12. macrumors 65816

    Mike MA

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    Sep 21, 2012
    Location:
    Germany, Europe
    #12
    ...and still no sign of iTunes Radio somewhere outside the U.S. or Australia :eek:
     
  13. macrumors 6502a

    Pakaku

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    Aug 29, 2009
    #13
    Perhaps becaus people like demos, and the IAP is simply the demo's evil cousin.
     
  14. macrumors 604

    Jessica Lares

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    #14
    Even if we got demos, people would still complain because they'd be too short and limited for their liking. :rolleyes: And if you make them too long, people will just finish them and move on to the next thing. (I do this all the time)

    That is the main problem with trials on the Windows Phone Marketplace. There's too many people downloading stuff, and then telling the developer that they like the game, but it isn't worth paying $0.99 for.
     
  15. macrumors 68020

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    #15
    What is $0.74.2 ? I do not understand what currency you are using.

    Do you mean $0.742 ?
     
  16. macrumors 6502

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    Sep 2, 2012
    #16
    Yes - sorry I didn't see that ;)
    Thanks anyway
     
  17. macrumors 603

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    #17

    only like 5% of people buy IAP
     
  18. macrumors 68020

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    Jul 18, 2013
    Location:
    Colorado
    #18
    I skip over apps that offer IAP and buy apps that cost a one time fee to buy the app. IAP are bad news.
     

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