03/22/2013, 02:03 pm
Once a break-even business used to drive sales of Apple's high-margin hardware, the iTunes Store is now estimated to be raking in more than $2 billion per year, due largely to the inclusion of its in-house software development teams.
03/07/2013, 12:03 pm
Record labels are reportedly dissatisfied with a "cheap" offer made by Apple to obtain the necessary rights for a planned music streaming service.
03/01/2013, 09:03 am
David Bowie fans got an unexpected surprise on Thursday, as the artist's first album in 10 years became available for free streaming on Apple's iTunes.
02/28/2013, 08:02 am
Apple announced on Thursday that its iTunes U education service has seen more than a billion downloads, with 60 percent of those from outside the U.S.
02/27/2013, 11:02 am
Eleven new countries in Europe gained access to Apple's iTunes in the Cloud service on Wednesday, allowing users to re-download content they have already purchased.
02/27/2013, 11:02 am
Apple's iTunes Music Store is already known to be one of the top contributors to the music industry's bottom line, but a new analysis pegs Apple is bolstering the digital music download market to the tune of about $3.4 billion, or 60 percent of digital revenues.
02/26/2013, 10:02 am
Once ravaged by free file-sharing, the global music industry appears to be on the comeback, as digital download services such as Apple's iTunes boosted music revenues to $16.5 billion in 2012, the first year of industry growth since 1999.
02/25/2013, 07:02 pm
Apple on Monday agreed to settle a lawsuit leveled by a group of parents who sued the company after their children spent large amounts of money on in-app purchases, with the company planning to dole out $5 iTunes gift cards, the same amount in cash, or a full refund if the initial charge was over $30.
02/23/2013, 07:02 pm
As rumors swirl of a Pandora-style Internet radio service from Apple, Google is said to be working on a paid subscription music service akin to Spotify.
02/19/2013, 05:02 pm
Apple on Tuesday rolled out an update to its flagship digital media store and iOS device hub, bringing a new "Composers" view for music and the usual speed and reliability upgrades.
02/11/2013, 08:02 pm
Apple has paid its iTunes App Store developers a cumulative $7 billion, with $5 billion of that paid out just in 2012. However, those payouts aren't included in its reported $12.9 billion in iTunes revenues for 2012.
02/11/2013, 07:02 pm
While Steve Jobs described Apple TV as potentially becoming Apple's "fourth leg" supporting the company in 2007, there are now five major business "legs" ahead of it.
02/11/2013, 07:02 pm
Having recategorized its reported revenues to highlight accessory sales and iTunes content, apps, software and services (exclusive of major hardware sales), it's now apparent that Apple's "other" business is not just bigger than iPod, but also, by itself, greater than the revenues of any other phone vendor apart from Samsung.
02/06/2013, 11:02 am
Apple on Wednesday announced a newly achieved milestone for its iTunes Store, with the music outlet surpassing the 25 billion song mark.
02/05/2013, 03:02 pm
Apple has begun promoting self-published titles on the iBookstore under the banner of "Breakout Books."
02/05/2013, 01:02 pm
Files found within Apple's newly released iOS 6.1 refer to an Internet radio service the company is believed to be working on.
01/31/2013, 03:01 pm
As sales of Blu-ray disc and DVDs continued to slip, Apple has taken the leading share of the emerging Internet video on demand market, according to a new report by The NPD Group.
01/28/2013, 05:01 pm
Apple's reclassification of its revenues to isolate iTunes' software, media and services separately from its hardware products has revealed the hidden billions of dollars in revenues the company has been earning on top of its hardware sales of computers and gadgets, revenues that now dwarf the company's iPod sales.
01/24/2013, 06:01 pm
Apple's profits for fiscal 2012 reached above $40 billion, making it the only tech company to ever reach that benchmark. In fact, it's a feat only ever matched by oil giant Exxon Mobil.
01/17/2013, 05:01 pm
In a new deal with Hearst that went active on Thursday, Apple is offering iPad versions of the publisher's catalog days before they release on other platforms, including print editions.