iTunes Store Posts Record $1.4 Billion Quarter

Nice catch from Apple’s quarterly results by Peter Kafka:

Still, since Apple spelled it out, let’s repeat it here: Its digital storefront did more than $1.4 billion in sales in the last quarter. That’s a new record for the company, up from $1.1 billion a year ago.

Apple doesn’t break out the mix of those sales, but my hunch is that most of the growth has been fueled by the app store, since digital music has been flat, at least in the U.S., for a while. And Apple’s TV and book sales are relatively tiny.

★ Wednesday, 20 April 2011