iTunes hit record $2.1bn revenues in Apple's Q1 FY13

Tom Pakinkis

iTunes generated a record $2.1bn in revenues in Q1 FY13 (the three months to December 31, 2012).

Apple’s App Store saw 2 billion downloads including music, movies and downloads in December alone.

“We established new all-time quarterly records for revenue from music, from movies, and from apps," said Apple CFO Peter Oppenheimer.

“We significantly expanded the footprint of our ecosystem during the quarter adding iTunes music stores in 56 countries, including Russia, Turkey, India and South Africa. That brings us ...

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