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Apple iTunes is a Fortune 500 Gorilla

itunes-growthIn a recent analysis, Asymco has calculated that the iTunes store as a standalone company, would be in the Fortune 500 list of top U.S. companies at number 130. Apple revealed that the iTunes store had gross annual revenue year-over-year of $23.5B. This would put it between Alcoa and Eli Lilly in the Fortune 500 rankings.




Growth was driven by increases in revenue from App sales reflecting continued growth in the installed base of iOS devices and the expansion in the number of third-party iOS Apps available. Net sales of digital content, including music, movies, TV shows and books, from the iTunes Store was relatively flat in the first quarter of 2014 compared to the first quarter of 2013.

Via 9to5Mac.com

Larry Ellison Talks About Apple After Steve Jobs

This interview by Charlie Rose as you might expect invites Larry Ellison to be brutally honest. That is Larry Ellison’s middle name. Watch the short video and you’ll hear Ellison describe Apple’s bleak future without Steve Jobs and how Tim Cook will likely fail with Jobs at the helm.

Larry Ellison, the CEO of Oracle, was very close friends with Steve Jobs before his death(watch video with Larry Ellison after the break). Continue reading

New Apple Ad Campaign Not a Winner

top iPad appsThe new Apple ad campaign is not getting the traction that many of Apple’s past ads have accomplished. According to a Bloomberg report the latest installment of Apple ad is falling flat on it’s face with American audiences.

Some of the critics have pointed out that Apple seems less humble in that it brags on its product inventions. The lighting in the ad looks a little dark and does not evoke a lot of joy and good feelings like Apple has offered in the past. Continue reading

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