Apple Apparently Turned $570 Million Profit from ITunes Last Year | Listening Post from Wired.com

Apple Apparently Turned $570 Million Profit from ITunes Last Year | Listening Post from Wired.com: "Update: In response to the comment below, Apple apparently keeps 29 cents out of each 99-cent song, which could be where Billboard's 30 percent profit margin is coming from. If anyone reading this has a Billboard subscription, please let us know their conclusion below (I'm not going to subscribe to Billboard just to see the second half of a single news story)."

I dont think apple will shut down iTune for 6c less profit on each song.