iTunes profitable, Billboard estimates

Courtesy CNET Tech blog  Fri, 03/14/2008 - 4:08pm

iTunes is the number-two music retailer in the U.S. (behind only Wal-Mart), and passed the four billion download mark in February, but nobody knows how much money Apple's actually earning from the service.

In Apple's earnings reports, iTunes revenue is lumped into a category called "other music ...


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