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iTunes gross sales make Apple a serious participant in music biz
On the time, CD gross sales had been beginning to decline after hitting their peak within the early 2000s. The iPod and different MP3 gamers made digital music transportable, and file-sharing websites like Napster fueled piracy. Fearing for his or her future, report labels signed offers with Apple that created a simple manner for patrons to pay for digital music moderately than stealing it: the iTunes Music Retailer, which launched in 2003.
The shocking iTunes gross sales figures launched on today in 2005 got here from data-analysis agency The NPD Group. It reported that, within the third quarter of 2005, Apple cracked the record of prime U.S. music retailers. Whereas the report gave no precise figures, it confirmed that Apple’s iTunes mannequin was very a lot within the ascendancy.
The record went like this, with the comparative place for 2004 in parentheses:
1. Walmart (1)2. Finest Purchase (2)3. Goal (3)4. Amazon (4)5. FYE (10)6. Circuit Metropolis (tied for five)7. iTunes (14)8. Tower Information (tied for 7)9. Sam Goody (tied for five)10. Borders (9)
iTunes gross sales numbers: On the rise
The iTunes Music Retailer had solely debuted a few years earlier, on April 28, 2003. On the time, digital music was synonymous with music theft — courtesy of pirate providers that made unlawful downloads huge enterprise. The truth that gross sales of iTunes downloads made Apple’s digital retailer as worthwhile…
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Author : tech365
Publish date : 2025-11-22 17:47:00
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