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iTunes Store Top Music Retailer in the US
Apr. 9, 2008 4:48 PM
Filed under: Features
iTunes Store Top Music Retailer in the US

 
    CUPERTINO, Calif., April 3, 2008 /PRNewswire-FirstCall/ -- Apple(R)
today announced that the iTunes(R) Store (http://www.itunes.com) surpassed
Wal-Mart to become the number one music retailer in the US, based on the
latest data from the NPD Group*. With over 50 million customers, iTunes has
sold over four billion songs and features the world's largest music catalog
of over six million songs.

"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. "We are thrilled, and would like to thank all of our
customers for helping us reach this incredible milestone."

*Based on data from market research firm the NPD Group's MusicWatch
survey that captures consumer reported past week unit purchases and counts
one CD representing 12 tracks, excluding wireless transactions. The iTunes
Store became the largest music retailer in the US based on the amount of
music sold during January and February 2008.

Apple ignited the personal computer revolution in the 1970s with the
Apple II and reinvented the personal computer in the 1980s with the
Macintosh. Today, Apple continues to lead the industry in innovation with
its award-winning computers, OS X operating system and iLife and
professional applications. Apple is also spearheading the digital media
revolution with its iPod portable music and video players and iTunes online
store, and has entered the mobile phone market with its revolutionary
iPhone.

(C) 2008 Apple Inc. All rights reserved. Apple, the Apple logo, Mac,
Mac OS, Macintosh and iTunes are trademarks of Apple. Other company and
product names may be trademarks of their respective owners.



  SOURCE Apple
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