According to a report published by The Register, digital music stores including Apple's iTunes Store may be seeing a sharp decline in sales this year.
The report is based off of an analysis of credit card transactions over a 27 month period. While the beginning of the period showed steady growth, months since January 2006 have apparently shown revenue decline as much as 65% (with the average transaction size falling 17%).
And it isn't just Apple's problem. Nielsen Soundscan has grimmer news for prospective digital download services, indicating three consecutive quarters of flat or declining revenues for the sector as a whole.
Speaking to The Register, Forrester analyst Josh Bernoff warned against extrapolating too much from the figures. It may reflect a seasonal bounce that hasn't yet manifested itself. However, it might not.
The report is surprising in that Apple has routinely given the impression that the iTunes store has been doing well. During Apple's 3rd Q 2006 conference call, Apple estimated that it had 85% of the legal download market. This year also saw the addition of full-length movies from Disney to iTunes, of which 125,000 were sold in the first week (generating $1 million in revenue for Disney during that time period).
Update: Forrester Research has issued a rebuttal to media reports on its research, saying The Register and other members of the press had not adequately weighed their research as a whole. In its rebuttal, Forrester claims that iTunes sales merely appear to be leveling off, and the decline felt earlier this year was most likely seasonal.
Tuesday October 24, 2017 2:03 pm PDT by Juli Clover
A bug in the built-in Calculator app in iOS 11 is getting some major attention this week, despite the fact that it's been around since iOS 11 was in beta testing.
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Due to...
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Amazon today introduced new low prices on the M1 MacBook Air for both 256GB and 512GB storage options. To start, you can get the 256GB model for $849.99, down from an original price of $999.00.
Note: MacRumors is an affiliate partner with Amazon. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.
Only Silver and Gold are...
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Subscribe to the MacRumors YouTube channel for more videos. Prosser provided no additional information, but there are new 14 and 16-inch MacBook Pro models in the works. The new MacBook Pros will feature the most radical redesign to the MacBook Pro ...
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When Apple released iOS 14.5 in April, it introduced the ability to unlock your iPhone with Face ID while wearing a mask, as long as you are wearing an Apple Watch. Here are some troubleshooting tips.
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