iTunes is huge, and getting huger every day… but so are its operating costs. According to a new report by Asymco, iTunes is pushing almost a billion dollars a year to run.
Currently, Apple’s iTunes operating costs come in at $75 million a month, which is two and a half times what it cost to run iTunes just last year. Multiply that by twelve and you have the yearly budget.
Right now, iTunes is only $100 million shy of the $1 billion mark, but if you assume iTunes will continue to grow at 2009’s rate, iTunes might just cost Apple over $2.25 billion to keep afloat by the end of 2011. Somehow I’m guessing they’ll be able to afford it.
[via 9to5Mac]
