iTunes Roars in the Music Retail World


Yesterday Apple captured the attention of the media after announcing the retouch of its stylish MacBook lineup. They also touted that iTunes had become the number 2 music retailer in the U.S., only behind Wal-Mart.

“We’d like to thank the over 50 million music lovers who have helped the iTunes Store reach this incredible milestone,” said Eddy Cue, Apple’s vice president of iTunes. “We continue to add great new features like iTunes Movie Rentals to give our customers even more reason to love iTunes.”

The rankings are based on NPD Group’s MusicWatch data. iTunes has sold over four billion songs, with 20 million songs sold on Christmas Day 2007 alone. iTunes has overtaken Best Buy which previously occupied the number 2 spot.

There is no doubt about it. At this point in time, Apple is unstoppable; they are riding the crest of the wave.

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