Monday, January 24, 2005, 05:00 am PT (08:00 am ET)
iTunes Music Store: a quarter billion servedApple 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 expected to buy personalized talk radio app Swell for $30 million
- European Commission OKs Apple's $3B purchase of Beats
- Apple acquires startup BookLamp for between $10M to $15M in bid to bolster iBooks discovery
- Amazon stock dips after anaemic third quarter, tepid reception for Fire Phone
- Bose files lawsuit against Apple's Beats over noise canceling tech