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iTunes now the No. 2 music retailer in the US

In addition to new notebooks on Tuesday, Apple announced that the latest market research data from NPD indicates that the iTunes Store recently surpassed Best Buy to become the number two music retailer in the US, behind only Wal-Mart.

The Cupertino-based company also said that there are now over 50 million iTunes Store customers who've combined to purchase over four billion songs, with an astounding 20 million songs sold on Christmas Day 2007 alone.

"We'd like to thank the over 50 million music lovers who have helped the iTunes Store reach this incredible milestone," said Eddy Cue, Apple's vice president of iTunes. "We continue to add great new features like iTunes Movie Rentals to give our customers even more reason to love iTunes."

iTunes had held the title of the No. 3 US music retail since last June, when it cruised by online retailer Amazon.com, snagging over 10 percent of the nation's overall music sales.

Apple's rank as a US music retail has been rising steadily ever since November 2005 when it passed Tower Records, Sam Goody and Borders to crack the Top-10 for the first time.



50 Comments

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eai 19 Years · 407 comments

Got any actual figures? How far ahead is Wal-Mart?

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solipsism 18 Years · 25701 comments

This can't be! The pundits keep saying iTunes is failing, iPod is failing, Apple is failing. HAHA

nagromme 22 Years · 2831 comments

Apple never mentions it, but this is also a feather in the cap of the technologies that drive them iTunes Store and its massive data and user load: OS X Server, WebObjects, and Xserve.