Monday, April 07, 2008

iTunes Is Number One Music Retailer




Last week, Apple announced that, based on data from market research firm the NPD Group, its iTunes Music Store had surpassed the retail giant to become the number one music retailer in the U.S. According to Apple, iTunes now has more than 50 million customers and has sold over four billion songs since its launch in 2003.

Don't expect Wal-mart to take this lying down, mind you. Is this the prelude to some serious jockeying in the online music biz?

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