Pixar's Results and iTunes Video Sales

Tuesday November 8, 2005 5:43 pm PST by Arnold Kim

Pixar reported their 3rd quarter financial results today. Pixar reported net income of $27.4 million on revenues of $45.8 million over the 3rd quarter. This beat industry estimates, especially in a quarter in which Pixar did not release a movie.

Steve Jobs, of course, is both CEO of Apple as well as Pixar and was a participant of the Pixar results conference call.

In it, Jobs revealed that Pixar has sold 125,000 copies of their animated shorts that are being offered through Apple's iTunes Music Store. This provides some breakdown of online video sales from iTunes.

Apple previously announced that they had sold over 1 million videos over the first 20 days of video sales. No breakdown between Pixar shorts, Music Videos and Television shows had been provided at that time.

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