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The AMM Dividend letter is written by Glenn Busch a member of the portfolio management team at American Money Management LLC. The goal of this monthly e-newsletter is to provide insight into the individual stocks that we are investing in.
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AMM Dividend Letter
  • ITunes' Revenue Vs Google's Core Business 0 comments
    Feb 11, 2014 2:15 PM | about stocks: AAPL

    iTunes continues to be a source of growth for Apple. According to Asymco, iTunes' "gross" revenue is almost half of Google's core business.

    On a yearly basis iTunes/Software/Services is nearly half of Google's core business and growing slightly faster.

    The iTunes "empire" of content and services would be ranked as number 130 in the Fortune 500 ranking of companies (slightly below Alcoa and above Eli Lilly).

    (click to enlarge)

    Chart Courtesy of Asymco

    Disclosure: I am long AAPL.

    Stocks: AAPL
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