Archive for June 28th, 2012

Bloomberg reports, citing people familiar with the matter, that Apple is prepping major changes to iTunes that will be released by the end of 2012. The changes are intended to improve how people find content and how they access materials that they already own on their Apple devices. Bloomberg said that music sharing and iCloud file integration will be heavily featured in the revamped iTunes. Music sharing is most likely to happen through Facebook and Twitter, with which Apple has partnered for sharing content within Mountain Lion and iOS 6.

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Yesterday Apple’s iPhone celebrated its 5th anniversary. Since its launch in 2007, the smartphone generated the company $150 billion of cumulative revenues worldwide. Recognizing the milestone, Strategy Analytics offered its latest statistics, noting that Apple has shipped 250 million iPhones in the first five years since launch.

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