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Tuesday, November 22, 2005

Apple iTunes in the Top 10 Record Sellers List

For the first time, Apple iTunes has made the list of the top 10 US record sellers. According to NPD, iTunes came in at number seven, beating Tower Records, Sam Goody and Borders.

NPD claims that iTunes moved onto the list within the last three months. Russ Crupnick of NPD says that he sees it possible for iTunes to move up even more on that list in the future.

Digital sales of music accounted for 4 percent of the market during the first half of 2005. In the first half of 2004, this figure was at 1.5 percent. This shows a pretty significant growth rate.

This is actually pretty surprising to me as I have always found the .99 cents per song a little too pricey. Not to mention the fact that iTunes are so restricted in their usage. In my opinion, music downloaders should check out eMusic, which provides non-restricted mp3s for download which can be burned to CD and used on any player including the iPod.

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