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NPD: iTunes Now #3 Music Retailer

By BetaNews Staff, BetaNews

June 22, 2007, 2:38 PM

iTunes' dominance in the music industry continues to grow, data from the NPD Group showed Friday. Apple surpassed Amazon as the third largest retailer for music sales in the first quarter of the year, with 9.8 percent of the overall market. Apple is also gaining on leaders Wal-Mart and Best Buy, who finished the quarter with 15.8 and 13.8 of the market, respectively.

Analysts at NPD say Apple's strength is surprised considering sales are down by a fifth over last year. However, they also pointed out that both Wal-Mart and Best Buy are behemoths in the music industry, and will be hard to catch.

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By mshulman

posted Jun 23, 2007 - 12:05 PM

I wonder if they are breaking apart sales on iTunes or if they are just going with total iTunes sales?

How much do TV shows and Movies account for sales?

Score: 0

By cranbers

posted Jun 22, 2007 - 6:40 PM

I don't get how itunes which delivers music through downloads compares to buying cd's at the store.

Is it selling music? Sure, but is it the same thing, not really. Technically it doesn't cost money except for storage, bandwidth and infastructure vs stamping, shipping and stocking cd's.

Score: 0

By dvferret

posted Jun 22, 2007 - 10:11 PM

I bet one CD sold at Bestbuy equals one SONG sold on itunes.

Score: 0

By dlab21

posted Jun 23, 2007 - 12:20 AM

yea im sure thats the exact scientific formula they use to calculate the sales.

Score: 0

By jgra

posted Jun 24, 2007 - 3:26 PM

here here

Score: 0

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