This is the estimate of Needham‘s analyst Charles Wolf, assuming Apple releases a Windows version of its service. Wolf believes Apple could generate annual revenues of $600 million through its store, and that this figure could increase. The store’s sales have now settled to about 500,000 per week.
His report–which claims that the market for unauthorized downloads now exceeds retail music sales–suggests that Apple’s dollar-per-download model could capture around 16 per cent of the free file sharing market. “This translates into $2.9 billion incremental revenues for the US music industry, equivalent to over a 20 per cent increase in annual revenues,” he wrote.
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