iTunes now 3rd largest music retailer in US


	iTunes now 3rd largest music retailer in US

JediKnut

6-23-2007 3:42 AM

169 views

tags:

itunes, music sales

Add a Comment

Login to Comment. Not a member yet? Sign up

View the Top Clips from June 23, 2007

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e7c5f807-9ea5-4311-a3f6-ecb899545729/2D78E4E1-C59E-488D-BA5D-1C8711BA4651/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402" href="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402" style="font-size: 11px;">www.ilounge.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402"><H1>iTunes now 3rd largest music retailer in US</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402"><DIV class="authorblock"><A href="http://www.ilounge.com/index.php/ilounge/aboutus/">By Jeremy Horwitz</A></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402"><DIV class="dateblock">Editor-in-Chief, iLounge
Published: Friday, June 22, 2007
News Category: <A href="http://www.ilounge.com/index.php/news/C111/">iTunes</A></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402"><P>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. 
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402"><P>
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 <A href="http://ilounge.com/index.php/news/comments/apple-now-fourth-largest-music-reseller-in-us/">gain fourth place</A> in January.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ilounge.com/index.php/news/comments/itunes-now-3rd-largest-music-retailer-in-us/10402"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.ilounge.com/img/ADBE3B96-FBED-480E-9EB5-B1002B83EBDA" alt="" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/2D78E4E1-C59E-488D-BA5D-1C8711BA4651/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Blog; Copyright; Privacy; EULA

Search Options

Related Clips

More clips from JediKnut

Today's Top Clips