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NPD report says iTunes is now third largest music retailer

22 June 2007 15:33 by Andre "DVDBack23" Yoskowitz | 7 comments

According to data from a new NPD Group report, Apple's iTunes has surpassed Amazon and Target to become the third largest music retailer for music sales over the first quarter of this year. Wal-Mart finished in first with 15.8 percent of the overall market while Best Buy was second with 13.8 percent. Apple grew to 9.8 percent while Amazon and Target had 6.7 and 6.6 percent respectively.

NPD says they counted every 12 tracks purchased online as the equivalent of one physical CD album. The report does not however, include mobile music sales.

Russ Crupnick, NPD's vice president also noted that CD sales were once again down, while digital music sales continued to climb. "Digital continues to grow at a fairly strong clip," Crupnick said. "Obviously, physical sales have been soft this year."

Surely, Apple has a lot to do with that fact.

Source:
BetaNews

Permalink to this article | Topic: Online music services

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Discuss this article!
ZippyDSM (AfterDawn Addict) 22 June 2007 16:14
they would have been 5th if the media mafiaa didn't "harass" after Allofmp3 with mob like skills. [ + quote]
borhan9 (AfterDawn Addict) 22 June 2007 16:14
Apple 3rd well times are a changing :) [ + quote]
AXT (Member) 22 June 2007 16:44
So. Most of their music is still has DRM. [ + quote]
akaangus (Member) 22 June 2007 22:30
I'm surprised Wal-Mart which sells CDs at a big loss is not on the list. Good. [ + quote]
sssharp (Junior Member) 23 June 2007 5:51
Originally posted by akaangus: I'm surprised Wal-Mart which sells CDs at a big loss is not on the list. Good. Walmart finished first. [ + quote]
akaangus (Member) 23 June 2007 11:40
I just got p0wned... [ + quote]
madman91 (Junior Member) 29 June 2007 6:51
3 largest music retailer. Pft. who cares? [ + quote]