Apple customers spend an estimated $1 per day

A lot has been said about Apple's various services like the iTunes and App Stores, Apple Pay, Apple Music, Apple Care and others now making more money than its Mac business. In the June quarter, for example, the Services category shot up 20 percent year-over-year, raking in nearly $6 billion in quarterly revenue and making Services the second largest part of Apple's revenue overall.

Services allow Apple to generate a steady stream of revenue from existing devices, leading Asymco analyst Horace Dediu to estimate in an interview with The Financial Times that, including hardware and software, existing Apple customers currently spend around $1 per day.

iTunes Inc. would rank #130 on Fortune 500

If Apple's iTunes were a separate company, it would rank 130th on Fortune’s annual list of the Top 500 companies in the United States. It's also half the size of Google's search business! The high-volume, low-margin store raked in an astounding $4.4 billion in revenue during Apple's fiscal 2014 first quarter ended December 28, 2013.

And according to independent analyst Horace Dediu of Asymco, total iTunes revenue in 2013 topped - wait for it - an incredible $23.5 billion. That's an awful lot of money for an online-only content store...

Apple’s iTunes owns 75% of digital music sales

Apple's iTunes is one of those happy ironies. Begun as a way to boost sales of Macs and other hardware and content with breaking even, the service now rakes in $20 billion per year selling digital warez such as video, books, apps and music - a whole lot of music. In fact, Apple now sells 75 percent of all digital music, according to a new analysis.

In a series of peeks into how iTunes earns all that revenue, independent analyst Horace Dediu paints a picture where more than a half-billion users are pointing to a future where apps surpass digital music sales...

Android smartphone growth slowing, Apple still on the rise

Not sure if this has anything to do with smartphone penetration rate in the United States and in various other markets passing the 50 percent milestone, but a credible analysis shows that even though Android's growth was unstoppable in the past twelve months, capturing a whopping 75 percent of all smartphones sold in the third quarter, Google's platform is slowing over past six months while iOS is still making healthy gains.

Respectable independent analyst Horace Dediu took the latest comScore data to chart the two platform's growth. He discovered a recent split of 23.5 million for Android and 17 million units for iOS as Google's platform gained 58 percent of the growth and Apple captured 42 percent. That's a notable change in spread in Apple's favor versus the 24-month period when Android captured 70 percent of the growth and iOS captured 30 percent of the growth...