iTunes users spend $40 a year on average - report
iTunes users spend around $40 a year according to new analysis.
A new Asymco report, which gathers data on the latest quarter of Apple’s platform, says that iTunes' top line grew by 32% while quarterly revenues saw a new high topping $4 billion.
While content revenues went from $2.1bn to $2.4bn, Apple software along with services, licensing and ‘other income’ contributed to the overall $4bn high.
On individual user spend, Asymco’s Horace Dediu said: “In March Apple reported that ...
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