iLounge

“Observers are calling the launch of Apple Computer’s digital music service the iTunes Music Store an overwhelming success. The service, which went live Monday, sold an estimated 275,000 tracks at 99 cents apiece in its first 18 hours, according to major-label sources. The feat is especially remarkable when considering that the offering is available only to the limited universe of users of Apple computers. The launch thereby sets the stage for a race between a host of media and technology companies to create and effectively promote similar services for the much bigger Microsoft-equipped PC market.”