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Technology Stocks : Apple Inc.

AAPL 274.63

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2:40 PM EST

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To: slacker711 who wrote (148576)	1/19/2013 12:12:28 AM
From: pyslent	Read Replies (1) of 213177

In FY Q4 12, Apple reported this. Can we assume Apple takes 30% across the board? Then iTunes is now grossing $600m per quarter, or about the same as 2 million iPhones. The iTunes Store generated all time record results, with revenue almost $2.1 billion thanks to continued strong sales of music, apps and video. I'm assuming that "revenue" from iTunes is defined as the amount collected at the register (eg, the priced paid for the app or song, before the developer or record label gets their share), rather than Apple's cut (which I called "gross," in the above). Do you know if this is correct?

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