article_snippet: In 2014 Apple revealed in that Apple had made $18.06 billion in revenue from iTunes, including Apple software and services, making up 10 per cent of Apple's total net sales.
article_snippet: If this year's revenues match 2014's, Apple could have lost more than $2 million an hour - equivalent to $34,000 every minute.
article_snippet: Tim Cook has previously said that the App Store posted $4.6 billion in revenue for the fourth quarter of 2014, which means that firm could have lost around $2 million an hour, or almost $35,000 a minute.
article_snippet: In 2014 Apple revealed that Apple had made $18.06 billion in revenue from iTunes, including Apple software and services, making up 10 per cent of Apple's total net sales.
article_snippet: If this year's revenues match 2014's, Apple could have lost more than $2 million an hour  -equivalent to $34,000 every minute.
article_snippet: London-based social media analyst Tim Grimes tweeted: 'Based on 2014 iTunes Revenue: Apple are losing $34,246 per minute, $2,054,794 per hour
article_snippet: London-based social media analyst Tim Grimes has previously said that the App Store posted $4.6 billion in revenue for the fourth quarter of 2014, which means that firm could have lost around $2 million an hour, or almost $35,000 a minute.