Feeds

iTunes to yield 5% of Apple's revenues in 2006

Analyst does his sums

Internet Security Threat Report 2014

Apple will have sold 1.365bn songs through the iTunes Music Store by the end of 2006, investment house Piper Jaffray calculates.

According to a note send by PJ analyst Gene Munster to investors this week, relayed to the rest of the world by iLounge.com, that's 55.6 per cent more than the company had previously forecast.

The revenue realised will account for five per cent of Apple's sales next year, Munster writes.

His reckoning works along the following lines: “Assuming 133m iTunes downloads in the June quarter and applying that across the reported 6.2m iPod shipments, Apple is averaging 6.1 iTunes downloads per iPod - based on the entire iPod estimated installed base through June 2005. If we apply this 6.1x ratio to our cumulative iPod installed base estimates through 2006, iTunes downloads for 2006 would be 1.365bn."

The Register's back-of-an-envelope estimates based on the Apple's iTunes sales announcements to date suggest ITMS will sell just under 1.12bn songs during 2006 for a grand total of 2bn songs through to mid-January 2007. It should pass the billion-song mark February/March 2006, a few months after we previously forecast, but still an impressive growth rate.

Our figures assume no sales from iTunes Japan, which is clearly ridiculous, even had the Japanese store not proved as successful as it has. We look forward to Apple's next iTunes sales announcement to adjust our model accordingly. ®

Business security measures using SSL

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
Bonking with Apple has POUNDED mobe operators' wallets
... into submission. Weve squeals, ditches payment plans
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.