Electronista

Mobile News   Apple  
updated 01:50 AM EST 02.12.13
Report: Apple's iTunes business second only to Samsung
In an article that talks about the various industries Apple is involved in (and comparing them to others if they were separate businesses), Asymco's Horace Dediu points out that Apple's iTunes business -- all by itself -- is a monster corporation. It has an estimated gross margin of around 15 percent, is steadily growing over 30 percent per year and may become Apple's third-largest "leg of the stool," passing the Mac business at some point this year.