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Tag: itunes

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iPhone drives doubling of Apple's revenues from 2007 to 2009

Apple's latest results show that the strategy of adding new product innovations, while maintaining revenues from older product lines, is working brilliantly. Apple's total revenues nearly doubled from 2007 to 2009, to nearly $43bn in 2009. More »

Tuesday, March 16, 2010

US Copyright Royalties Board preserves music revenues status quo till 2013

The US Copyright Royalty Board has published its ruling which effectively imposes a truce between the demands of songwriters, music labels and digital music services by keeping royalties on CDs, music downloads, online streaming services and ringtones broadly unchanged. The ruling gives none of... More »

Tuesday, October 14, 2008

Best Buy acquires Napster for $121m

Best Buy, the largest US consumer electronics retailer, is acquiring Napster, the music download provider, for $121m as it seeks to establish itself as a significant player in the global market for mobile devices and digital services. More »

Tuesday, September 16, 2008

Apple's multi-prong strategy pays off

Apple's multi-prong strategy, hatched in the tough times from 2001 to 2003, is now paying off handsomely. In those difficult days when revenues stayed stubbornly flat, and margins hovered around zero, Apple re-invented its core Mac range of computers, and launched the iPod and iTunes to become a... More »

Monday, March 31, 2008