Apple today announced that music fans have purchased and downloaded more than 250 million songs from the iTunes Music Store.
"When we launched the iTunes Music Store we were hoping to sell a million songs in the first six monthsânow weâre selling over a million songs every day, and weâve sold over a quarter billion songs in total," said Steve Jobs, Appleâs 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.
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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.
Isn't it about time once again for some CEO of one of the other barely-a-blip-on-the-charts online music sellers to proclaim that Apple's business model will never work, that the "the people" want "more choices" (the kinds of choices that only being locked into a world of Microsoft-controlled Windows Media formats can provide), and that monthly subscriptions models are the wave of the future?
[QUOTE]Originally posted by AppleInsider
[B]Apple today announced that music fans have purchased and downloaded more than 250 million songs from the iTunes Music Store.The crazy thing about that is that using the price in the uk for a song that would be £175 million!!! thats one hell of a money maker!!! i bet Bill Gates is kicking himself now.
...and the CEO of Sony Music and Glaser of Real Networks and that twit from buy.com and...
2004 was the year of the iPod (because of its transition from popular product to cultural phenom)
2005 probably will be the year of the iTunes shake-out as competitors wilt under the heat
Screed
That's good news. Apple could see a spike in purchases because of the new low cost iPod shuffle.
I think Apple needs more hardware offerings. I'm salivating over the possibility of a home unit and a car unit that is meant for permanent installations.
The excitement doesn't really kick off until I have a way of playing my files everywhere and easily.