How rich will iPhone make Apple?

Th iTunes music store is the third largest in music sales in the U.S. with 10% of the market.  The worldwide market for ringtones is $2.5 billion.  This is about the same size as the worldwide digital music market.

All rough, order-of-magnitude numbers.  Just back of the envelope.  Now we see this rumor…

Mac Rumors: iTunes 7.3 with Custom Ringtones? [Updated]

Reportedly, the new version of iTunes will allow you to convert any song that is available on iTunes into a ringtone with the “Make into Ringtone” feature. The cost for this service is $.99.

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Published in: on June 27, 2007 at 8:32 pm  Leave a Comment  

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