Skip to main content

Apple Shares Latest Digital Media Results

Apple's Steve Jobs shared digital media sales results during his keynote speech at the Macworld Expo in San Francisco. Apple controls only a small percentage of the personal computer market. But as consumers begin to spend on gadgets like the iPod, and the songs and videos to fill them up, digital media related purchases may become the most important growth sector in high-tech.

Jobs announced that iTunes will hit the billion-songs-purchased mark in the next few months. The iPod is also exceeding expectations. Apple announced that sales reached 14 million during this past holiday quarter � more than triple the same period in 2004.

The iTunes store is currently selling songs at a rate of 3 million per day, and it accounts for 83 percent of all digital music sales. Last October, Apple beat all of its rivals to the online video marketplace, and has since sold more than eight million videos, including TV programs from content providers such as NBC, ABC and of course, Jobs' other company, Pixar.

Popular posts from this blog

While Others Studied AI, China Deployed It

The global AI conversation has long been framed around American platforms and European regulation. That framing is increasingly inadequate. According to the latest market study by IDC, China has not only matched the pace of AI adoption elsewhere; it has structurally outpaced most other markets and is accelerating further. For technology leaders and corporate strategists watching from the sidelines, the window for comfortable observation is closing. China's AI lead is no longer a forecast. It's a fact. Artificial Intelligence Market Development The headline figure from IDC's research is striking: global enterprise AI spending will reach $940 billion in 2026, growing to $2.1 trillion by 2029, with China among the fastest-growing markets worldwide. But the raw scale of the numbers only tells part of the story. What distinguishes China's position is the phase of the cycle it has entered. According to IDC, the first phase of the AI Supercycle was about computing power, found...