Linked by _txf_ on Fri 29th Jul 2011 10:39 UTC
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RE[4]: Does this really need answering?
by cmchittom on Fri 29th Jul 2011 14:46
in reply to "RE[3]: Does this really need answering?"
RE[4]: Does this really need answering?
by jack_perry on Fri 29th Jul 2011 15:03
in reply to "RE[3]: Does this really need answering?"
Actually, no. In Jun 15 billion tracks were sold on iTunes. If we are optimistic, and set the track price to $1 (which is not correct, because a lot of people buy albums)
$15,000,000,000 * 0.0001 = $1,500,000
$15,000,000,000 * 0.0001 = $1,500,000
Believe it or not, your math's wrong. He originally wrote .0001%, so you should have shifted the decimal and computed
$15,000,000,000 * .00001 = $15,000.
Amusingly, even though your math's wrong, that actually strengthens your overall argument.
On the other hand, the point of the iTunes store is not to make money selling songs, but to make money selling iProducts, where the profit margins are substantially higher. As you write later:
OTOH, iTunes was meant to tie people into the iPod and later iPhone ecosystem anyway...




Member since:
2005-11-18
Actually, no. In Jun 15 billion tracks were sold on iTunes. If we are optimistic, and set the track price to $1 (which is not correct, because a lot of people buy albums)
.
$15,000,000,000 * 0.0001 = $1,500,000
Or 1.5 million dollars. Which is a lot of money for you or me, but not one of the largest, or even largest music retailer.
So, let's hope for Apple they do a bit better
OTOH, iTunes was meant to tie people into the iPod and later iPhone ecosystem anyway...
Edited 2011-07-29 14:45 UTC