iTunes Could Cost Apple Over $2 Billion A Year To Run By 2012
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.
DON'T MISS
Analysts Mixed On IPhone Outlook But Down On Desktops
[via 9to5Mac]


John Brownlee is news editor here at Cult of Mac, and has also written about a lot of things for a lot of different places, including Wired, Playboy, Boing Boing, Popular Mechanics, Gizmodo, Kotaku, Lifehacker, AMC, Geek and the Consumerist. He lives in Cambridge with his charming inamorata and a tiny budgerigar punningly christened after Nabokov's most famous pervert. You can follow him ![Read "Why You’ll Probably Never Own A Mac With An ARM Processor [Feature]" Read "Why You’ll Probably Never Own A Mac With An ARM Processor [Feature]"](http://cultofmac.cultofmaccom.netdna-cdn.com/wp-content/uploads/2012/02/macbookairarm-300x250.jpg)
![Read "Is This USB Vibrator The New iPod? [Interview]" Read "Is This USB Vibrator The New iPod? [Interview]"](http://cultofmac.cultofmaccom.netdna-cdn.com/wp-content/uploads/2012/01/crave1-300x250.jpg)



