November 07, 2008

By By Antony Bruno, Denver

While consumer caution may cause a dip in electronic sales this holiday season, Apple wrapped up its fiscal year with a 34% jump in music-related products and services sales.

According to a recent 10-K filing outlining its fiscal year results, sales for music products and services jumped from $2.5 billion in 2007 to $3.34 billion this year. This includes iTunes downloads, App Store sales and all iPod devices and accessories.

Music sales counted towards 10% of all Apple sales for the year.

Subscribe to Billboard magazine today!