iTunes to yield ‘5 percent’ of Apple’s revenues in 2006

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iTunes to yield '5 percent' of Apple's revenues in 2006

Apple will have sold 1.365 billion songs through the iTunes Music Store by the end of 2006, investment house Piper Jaffray calculates.

According to a note send by PJ analyst Gene Munster to investors this week, relayed to the rest of the world by, that’s 55.6 percent more than the company had previously forecast.

Read the complete story. (The Register)