Apple: 600 million songs sold, biggest competitor is P2P
Following the launch of the Australian iTunes Music Store today, an Apple executive said the company has now sold more than 600 millions songs, and that illegal music downloading is the biggest competitor to iTunes.
“We have now sold over 600 million songs worldwide and have nearly 80 percent market share in most of the countries we are in,” said iTunes vice-president Eddy Cue. “This is our 21st [iTunes Music Store] and I will say that there is no place that we have ever launched where music downloads have been strong prior to us.”.
Cue said that illegal music file-sharing services such as Kazaa and BitTorrent are the closest things Apple has to a digital music competitor.
“Our view is that our biggest competitor is illegal music and P2P services,” Cue said. “We always thought that if we offered a better alternative then those customers would be happy to pay. Obviously… we will never be better than free… but we think AU$1.69 is a very competitive and fair price to pay.”
Cue also confirmed that the Sony BMG music label is missing from Apple’s iTunes Australia launch. “We are working with Sony and we know their artists would like to be a part of the launch and we hope they will join us,” he said.
- iTunes Festival channel returns to Apple TV
- Apple releases new iTunes 12 beta
- Apple honors Robin Williams with webpage, iTunes section
- Apple releases iTunes 11.3.1
- iTunes 12 makes its first appearance with iOS-style design
- Eighth annual iTunes Festival announced
If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.
- iWatch not shipping until 2015?
- Report: Dutch chipmaker NXP to provide iPhone 6 NFC chips
- Video Review: Parrot’s Jumping Sumo and Rolling Spider
- Apps of the Week: Hyperlapse, BioShock, Asphalt 8 1.5 + more
- Apple sends out invites to September 9 event
- Report: iPhone 6 to feature NFC mobile payments
- Report: Apple to unveil iWatch with new iPhones on September 9
- iPhone 6 parts leak reveals front panel variation
- Bloomberg: Apple now plans 12.9” iPad for early 2015
- More new Apple TV channels: SVT Play in Sweden, NRK in Norway
- Grace Digital Ecostone Bluetooth Speaker
- Awesome Cables 6ft Braided Awesome Cable
- ZeroChroma Folio-Slide for iPad Air
- Juno Labs Juno Power HUE Pro
- Parrot Minidrone Jumping Sumo
- Parrot Minidrone Rolling Spider
- Stem Innovation Izon View
- Zivix PUC Wireless MIDI Link
- IK Multimedia iRig Voice
- Ten One Design Magnus Air
- What’s New In Apple TV 7.0
- What’s New in iTunes 12
- iLounge Picks: Five Great Summer Party Speakers
- Editorial: Endings And Beginnings
- Live From CE Week 2014: Brand New iPad, iPhone + Mac Accessories!
- What’s New In iOS 8 For iPad, iPhone + iPod touch
- iLounge Multi-Editorial: WWDC 2014’s iOS 8, OS X Yosemite + More
- The Complete Guide to Apple TV Channels
- iHistory: From iPod + iTunes to iPhone, Apple TV + iPad, 2001 to 2010
- iHistory: From iPod + iTunes to iPhone, Apple TV + iPad: 2011 to Today