Apple’s App Store: ‘The insidious march of a disruptor’

Music downloads are down. Apps are through the roof. Should Hollywood be worried?

FORTUNE -- Asymco's Horace Dediu, who created the attached chart from data Apple (AAPL) released Tuesday, doesn't buy the accepted wisdom about what's going on.

To state the obvious: iTunes music downloads are down while downloads of apps are up sharply: 35% year over year...

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