An analysis of Apple’s newly-introduced revenue breakdowns says that Apple makes more money from just iTunes and accessories sales than most companies do from their phone sales. Samsung is the lone company to have its phone sales total more in the recent quarter.
As noted in its latest earnings release for the first fiscal quarter of 2013, Apple’s total revenues from iTunes and accessories amounted to over $5.5 billion – ahead of the total phone revenues of each of Nokia, Motorola, Sony, LG, RIM (now rebranded as BlackBerry) and HTC.
The analysis by Asymco, also notes that iTunes could even be worth more to Apple than its Mac revenue in the current year.
iTunes+Accessories combined is a bigger business in terms of revenues than any of the other phone vendors except Samsung. iTunes is now Apple’s fourth largest business, having overtaken the iPod in revenues two years ago. iTunes growth relative to the Mac means that it could become the third largest business during this year.
The revenue also adds up to more than Microsoft makes from its Xbox and Windows Phone divisions combined.