Apple iTunes U: If you don’t know anything about Apple Inc. (NASDAQ:AAPL) iTunes U content you may want to read the rest of this piece. Earlier today, the Cupertino-based company announced that downloads have reached one billion.
Apple is actually the smart money’s second favorite publicly traded company (see why it’s important to pay attention to hedge fund activity).
For those who are unsure of what iTunes U is all about, here is what Apple had to say in its official press release:
“iTunes U features the world’s largest online catalog of free educational content from top schools and prominent libraries, museums and organizations helping educators create courses including lectures, assignments, books, quizzes and more for iOS users around the world.”
In other words, this content is all about education. It is all about giving people access to a variety of information. And as you can see by the number of downloads, a large number of users are excited about what it has to offer.
Here is what Eddy Cue, Apple’s senior vice president of Internet Software and Services, had to say about reaching this milestone:
“It’s inspiring to see what educators and students of all types are doing with iTunes U. With the incredible content offered on iTunes U, students can learn like never before―there are now iTunes U courses with more than 250,000 students enrolled in them, which is a phenomenal shift in the way we teach and learn.”
So, just how many people are relying on this concept? According to Apple Inc. (NASDAQ:AAPL), there are “more than 1,200 universities and colleges, and 1,200 K-12 schools and districts host over 2,500 public and thousands of private courses encompassing the arts, sciences, health and medicine, education, business and more.”
Believe it or not, some of the top universities in the world rely on the content including but not limited to Yale, Oxford, and Duke.
Still don’t believe that this is popular? Check this out:
“The Ohio State University’s Matthew “Dr. Fus” Stoltzfus’ General Chemistry course enrolled over 100,000 iTunes U students in the first year it was offered.”
This is one of those milestones for Apple Inc. (NASDAQ:AAPL) that has nothing to do with money, but is every bit as rewarding.
Have you used iTunes U content in the past? If so, share your thoughts below.
Check back here for more updates on Apple iTunes U.
DISCLOSURE: I have no positions in any stock mentioned.
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