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Remember that you can put money onto your iTunes account using gift cards bought at retailers. Those retailers will get a cut (someone here probably knows but l
by josephlord 14y ago
Remember that you can put money onto your iTunes account using gift cards bought at retailers. Those retailers will get a cut (someone here probably knows but lets guess 10-15%).
That doesn't reduce it to a zero profit operation but at least on that portion of the revenue it looks like a lot than 30%.
- josephlord 14y agoToo late to edit but the end should read: "it looks like a lot less than 30%."
- jthol 14y agoIt would be interesting to see what percentage of gift card dollars never get redeemed and how long they take to get redeemed.