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ITunes' Revenue Vs Google's Core Business

|Includes:Apple Inc. (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).

Chart Courtesy of Asymco

Disclosure: I am long AAPL.

Stocks: AAPL