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From "Swim Taxi" <thegeniusiwas@hotmail.com>
Subject Re: iTunes
Date Thu, 24 May 2007 13:15:31 -0700

[Part 1 text/plain (1.3 kilobytes)] (View Text in a separate window)

Lee Elliott wrote:

>Apple is estimating 120 million US profit from iTunes sales in 2007.

Where did you read/hear this figure?  With Apple's take of $0.13 per song as 
stated earlier, and assuming Bill Gates has agreed to geneously cover all of 
Apple's iTunes expenses, there would have to be approximately 923 million 
iTunes downloads this year in the US.

If Apple's expenses are 10 cents per song, there would have to be 4 billion 
downloads to generate that profit.


Jaimie Vernon wrote:

>BTW - Note to artists. Wanna break that lousy 500 downloads in 5 years 
>glass ceiling? Record cover tunes. The two biggest downloads on Bullseye 
>(which has only had product on iTunes since March 2005) has been a cover of 
>"Louie Louie" [1750 downloads] and the old southern chestnut "Dixie" [1532 
>downloads].

I wonder how many of those downloads were by people who didn't know who the 
original artists were and just randomly picked one of the Louie Louie's 
available?  I can't wait for iBrain with ThoughtTrakking®...


Damian
thegeniusiwas@hotmail.com

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