Monday, January 24, 2005, 08:00 am
iTunes Music Store: a quarter billion served
Apple today announced that music fans have purchased and downloaded more than 250 million songs from the iTunes Music Store.iTunes users are now downloading one and a quarter million songs per day, which is an annual run rate of almost half a billion songs per year. The iTunes Music Store is now available in fifteen countries, which together represent more than 70 percent of the global music market.
"When we launched the iTunes Music Store we were hoping to sell a million songs in the first six monthsnow were selling over a million songs every day, and weve sold over a quarter billion songs in total," said Steve Jobs, Apples CEO. "iTunes is leading the way into the digital music era and together with iPod is changing the way millions of music lovers find and enjoy their music."
The iTunes Music Store features more than one million songs from the major music companies and 600 independent record labels, over 9,000 audiobooks, gift certificates and exclusive music not found anywhere else online.
On Topic: General
- Apple CEO Tim Cook says America's IP environment needs more work
- Tim Cook testifies: Apple pays all of the US taxes it owes
- Apple still by far the world's most valuable brand name
- Apple's tax strategy portrayed by Senate subcommittee as a unique 'absurdity'
- Ireland says it's not responsible for Apple's low international tax rate









39 days to achieve the last 50 million - which is unbelievable in and of itself - but if Apple carries on this way (or rather, if we carry on purchasing this way), ITMS will reach a billion downloads sometime around the 22nd August.
I'm no expert, but I suspect that may spell the end of the road for some of the smaller online stores.