iTunes Store Tops Two Billion Songs
Jan 9th, 2007 | By James Lewin | Category: Digital Music, iPods & Portable Media PlayersIt looks like reports of iTunes’ death were premature, despite Forrester’s controversial report that suggested that iTunes sales were plummeting.
Apple today announced that more than two billion songs, 50 million television episodes and over 1.3 million feature-length films have been purchased and downloaded from the iTunes Store.
“iTunes has crossed another major milestone by selling over two billion songs—with over a billion of them sold in the last year alone—making it by far the world’s most popular music store,” said Steve Jobs, Apple’s CEO. “And by selling 50 million TV shows and over 1.3 million movies to date, iTunes is already the largest online video store in the world as well.”
Apple’s control over the world of digital music retailing is near complete. Apple’s nearest competitor is eMusic, whose sales are less than 1% of Apple’s, in spite of the fact that eMusic’s service offers unrestricted MP3 files at a fraction of the cost of iTunes tracks.
Apple also announced that iTunes has added more than 100 movies from Paramount Pictures priced at $9.99 including “School of Rock,” “The Italian Job,” “Mean Girls,” “Zoolander,” “Coach Carter,” “Lemony Snicket’s A Series of Unfortunate Events,” “Lara Croft Tomb Raider: The Cradle of Life,” “Chinatown” and “Breakfast at Tiffany’s.”
A graph of iTunes music sales over time is available here:
http://www.mdoeff.com/blog/2007/01/10/itunes-2-billion-songs-purchased-on-a-graph/
Doesn’t look like there is any kind of a slowdown.