Apple CEO Steve Jobs revealed this week that the iTunes Store is now the fifth-largest seller of music in the U.S. During his presentation at Apple’s “Showtime” event on Tuesday, Jobs cited data from NPD that showed Apple has moved into the No. 5 spot among music resellers, behind Wal-Mart, Best Buy, Target, and Amazon. Jobs said it was a milestone because iTunes is the first digital music store to make it into the top five, which is dominated by store’s that only sell physical CDs. What’s more, Jobs said the iTunes Store is on target to pass Amazon to become No. 4 in the first half of next year.
Apple moves into No. 5 spot among U.S. music resellers
By LC Angell
LC Angell was a senior editor at iLounge. Angell is known for her work on various aspects of the Apple ecosystem, including iPhone, iPad, and iPod. In his role at iLounge, Angell was responsible for a wide range of editorial content, including reviews, buyer's guides, news, and features.