On the iTunes Store and the Fortune 500

Horace Dediu charts the revenue of Apple's iTunes, Software, and Services sectors:

On a yearly basis iTunes/Software/Services is nearly half of Google’s core business and growing slightly faster. The iTunes “empire” of content and services would be ranked as number 130 in the Fortune 500 ranking of companies (slightly below Alcoa and above Eli Lilly). I remember when I used to buy a ton of stuff on iTunes, but nowadays my usage has been reduced to buying apps from the App Store. Still, it's interesting to see numbers like the ones Dediu illustrates, because the money Apple makes from this part of their business is not insignificant. Being #130 on the Fortune 500 proves it; that's damn impressive, and shows how prevalent iTunes is. (via John Gruber)