iTunes now 3rd largest music retailer in US | iLounge News

2014 iPad iPhone iPod Buyers' Guide from iLounge.com

News

iTunes now 3rd largest music retailer in US

Author's pic

By Jeremy Horwitz

Editor-in-Chief, iLounge
Published: Friday, June 22, 2007
News Categories: iTunes

According to a just-published NPD Group MusicWatch report for the first quarter of 2007, covering the sales of both physical and downloadable music, Apple’s iTunes has jumped in rank to become the third-largest retailer of music in the United States. iTunes now holds a 9.8% share of music purchases, ahead of fourth place Amazon.com at 6.7% and fifth place Target at 6.6%. Walmart remains the nation’s largest music retailer with a 15.8% share of the market, with Best Buy holding 13.8% for second place.

The MusicWatch findings are especially interesting in that 86.2% of the quarter’s music sales were in a physical (CD) format, versus a 13.8% share in downloadable format. Unlike Wal-Mart and Best Buy, iTunes gained share despite the fact that it only sells downloadable content. It leapfrogged CD-heavy competitor Amazon to gain fourth place in January.

« Apple posts iPhone ‘Guided Tour’

Apple patents a possible iPod and iPhone security feature »

Related Stories

Comments

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.

Commenting is not available in this section entry.

Email:

Recent News

Recent Reviews

Recent Articles

Shop for Accessories: Cases, speakers, chargers, etc.