Amazingly, Ringtones Are Still A $2 Billion Business

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, November 10, 2011 Amazingly, Ringtones Are Still A $2 Billion Business Here's a breakdown of online music sales from Gartner, by way of Peter Kafka at All Things D. The most insane thing about this chart? How important ringtones are. Kafka says it better than we can: "To sum up: More than 10 years after Napster, one of the key pillars of the music business is ringtones, a business that peaked around 2005, when some of you would have recognized the image at the top right of this post. If you’re reading this, you probably haven’t paid for a ringtone since 2007, and you probably don’t know anyone who does. But there it is, generating two-point-one-billion dollars." Read » Also On SAI Today: Nokia's Lumia Windows Phone Is A Masterpiece, But Still One Step Behind [REVIEW] People Are Shorting Groupon Like Crazy Soon, The FTC Might Force Facebook Into Making Every New Privacy Feature Opt-In Crazy Scene In Hong Kong With Over 3,000 People Lining Up To Buy An iPhone 4S Advertisement CHART OF THE DAY: A Good Sign For Amazon's Kindle Fire CHART OF THE DAY: This Is How Much Bankers Made On The Groupon IPO CHART OF THE DAY: Apple Has 4% Of The Phone Market, And 52% Of Its Profits Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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