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Author Topic: Apple's 800M accounts spent $3.29 each last quarter, down 24%  (Read 382 times)
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« on: May 29, 2014, 02:00:04 pm »

Apple's 800M accounts spent $3.29 each last quarter, down 24%

But the App Store is taking up the slack, and Apple could still bring iTunes to Android.

<p>FORTUNE -- "Online services is an underappreciated growth and margin lever for Apple," writes Morgan Stanley's Katy Huberty in a note to clients Wednesday.</p>
<p>It's all the more unappreciated because music streaming services like Pandora and Spotify have been cutting into iTunes music downloads.</p>



<p>Last quarter, each of Apple's (AAPL) iTunes accounts spent an average of $3.29, down 24% year over MORE<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=143692&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="http://feeds.feedburner.com/~r/fortuneapple20/~4/6L0efoiSEN4" height="1" width="1"/>

Source: Apple's 800M accounts spent $3.29 each last quarter, down 24%
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