As
iTunes' sales continue to rise continuously, it has so far managed to outsell many US record stores, bringing it up in to 7th place in the top 10 US music stores according to the NPD Group. This comparison is based on 12 iTunes songs sold being the equivalent to 1 CD album sold in a retail store. So far, the online store Amazon and several retail stores such as Wal-Mart, Best Buy and Target still outsell iTunes.
According
to the RIAA's figures, iTunes has accounted for 4% of the US music market during the first half of this year, up from around 1.5% during the same period in 2004. When it comes to digital music download sales, iTunes accounts for over 70% of sales in the US. Thanks to GristyMcFisty who used our news submit to tell us about the following news:
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NPD compared 12 iTunes separate song downloads to one album purchase at an ordinary retail store. iTunes beat Tower Records, Borders, and Sam Goody, the survey said. But it was beaten by others, including Wal-Mart and Amazon.com, NPD found |
With iTunes doing exceptionally well as a pay per download music service, it would be nice if all the remaining record labels would make their music available on Amazon. Unfortunately, due to Apple's fixed price policy, it looks like they will either face introducing flexible pricing or lose several record labels.
Feel free to discuss about iTunes and other online music services on our Music Download, Peer to Peer (P2P) & Legal Issues forum.
Source: BBC News - Entertainment
