This is almost no surprise - Apple is now the #1 music seller in the US
- From: Michael Schey <mscheynjSPAMBLOCK@xxxxxxxxx>
- Date: Thu, 03 Apr 2008 16:04:23 -0400
I personally like the last sentence: "It may or may not be the top
seller of music, but the fact that this is even discussed is stunning;
iTunes opened in 2003. "
from:
http://featuresblogs.chicagotribune.com/eric2_0/2008/04/is-itunes-the-n.html
Apple's iTunes the No. 1 music seller, besting Wal-Mart
Originally posted by Eric Benderoff at 12:45 p.m. and updated at 2:15
p.m.
Apple just released an announcement confirming it is the nation's top
seller of music, passing Wal-Mart. The source is NPD Group's Music
Watch Survey, which said Apple surpassed Wal-Mart in overall music
sales in both January and February.
In 2007, Apple passed Best Buy to become the nation's second largest
music seller.
?We launched iTunes less than five years ago, and it has now become
the number one music retailer in the world,? said Eddy Cue, Apple?s
vice president of iTunes, in the press release. ?We are thrilled, and
would like to thank all of our customers for helping us reach this
incredible milestone.?
Original post:
Digital music sales have clearly altered the music business, but has
Apple Inc.?s online music store became the nation?s top music
retailer?
Maybe. And if not yet, expect it soon.
A report Tuesday from technology blog Ars Technica claims iTunes was
indeed the nation?s top music retailer in January. The blog says
iTunes passed Wal-Mart that month, citing an Apple internal memo using
statistics from researcher NPD Group.
According to the memo, 19 percent of the music sold in January was
attributed to iTunes while 15 percent was credited to Wal-Mart, which
sells both digital and physical copies of music. NPD will not comment
on the leaked memo; Apple has not returned a request for comment.
Apple has made a fast climb toward the top of the music heap. Earlier
this year, NPD said Apple passed Best Buy in 2007 to be the No. 2
music retailer.
Furthermore, more than half of all music sales are expected to be in
the digital format by 2011, according to a February report from
Forrester Research. Currently, physical music sales outpace digital by
roughly 5 to 1, Forrester says.
Of course, iTunes will likely get the bulk of those increasing sales
because the store syncs seamlessly with iPods, the dominating and
market-leading mp3 player.
But online music competition is getting better, including a new store
officially launched Thursday from MySpace, which now has agreements
with three major labels?Universal Music Group, Sony BMG and Warner
Music Group?to go along with the countless indie labels that already
sell on the social network site.
Like Amazon?s music store (reviewed here), the MySpace songs will be
sold without digital rights management software. Those DRM-free songs
can be played on any portable-music device and copied freely to
numerous computers and mp3 players or burned to a CD.
As the music industry changes, it should come as no surprise that its
leading innovator?once just a computer and software maker?has had such
a monumental impact.
It may or may not be the top seller of music, but the fact that this
is even discussed is stunning; iTunes opened in 2003.
Michael
(http://michaelschey.blogspot.com/)
.
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