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News   - 05/16/2006

Apple music sales to double company size

The key point: according to a recent report, Apple will be making more money from music than from Macs by September 2006.

Apple's music business could double the company's size in just five years, according to new analysis from research firm, Generator.

Generator's analysis is presented in the report 'Apple: Game, Set and Match?' published on May 8.

The analysts note that as of September 2002, music contributed only 2.6 per cent to Apple's total revenues. Roll the clock forward three years to September 2005, and music had grown to account for 40 per cent of Apple's revenues.

Generator predicts that by September 2006, Apple will be drawing "most of its revenue from music, rather than Macs."

Source: Macworld UK    
 
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