If Asymco’s data is accurate, the iBookstore made Apple just over a billion dollars. According to reports, that’s not nearly as much as iTunes music or the App Store, but a billion is nothing to be ashamed of.
The chart above shows Apple’s the daily download rates for the App Store, music store and iBooks. Here’s what Horace Dediu of Asymco said:
If I choose a more conservative $9 average selling price and assuming a 70% share for the publisher then Apple’s iBooks generated about $1.3 billion in payments and grossed about $1.8 billion.
Yeah. I wish I could call a side-business a billion dollar maker.