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iTunes Continues Its Climb: 3rd Largest Music Retailer

As reported on iLounge, iTunes is now the US's 3rd largest music retailer with 9.8% of music purchases covering the first quarter of 2007. Apple still trails behemoth Walmart (sitting at #1) and Best Buy. The top 5 stands as follows:

1. Walmart (15.8%)
2. Best Buy (13.8%)
3. Apple iTunes (9.8%)
4. Amazon.com (6.7%)
5. Target (6.6%)

Since its inception in early 2003, iTunes quickly became the leading digital music store. In November of 2005, Apple breached the top 10 US music retailers (for both physical and digital sales).

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61 months ago
Well done Apple, again. Keep this wagon rollin'
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61 months ago
that's good, i hope there's even more choices of music available.

they should have itunes for hong kong, it's annoying me!:mad:
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61 months ago
Looks like the next "Target" Steve pointed a while back towards has been reached.
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61 months ago
Can't wait to see when iTunes will be #1.
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61 months ago
Impressive! :)

Does anyone know how this particular ranking works? Is it based on dollar revenue, number of song/album equivalent sales, or number of transactions?
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61 months ago
Good news, but now start pushing the CRTC so we can have TV shows and movies in Canada too. ;-)

With a lower-cost rental option for both, too. I don't want to rent music just like I don't want to buy most TV shows.
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61 months ago
The #1 spot is a long ways away, I guess it would take closer to 2 or 3 years before iTunes could take that.

However, with the release of the iPhone the #2 spot will be interesting.
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61 months ago
Congratulations, Apple! I hope that this adds some clout to Apple's efforts to have all labels selling DRM-free music.
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61 months ago
haha I just bought something from itunes store last night.
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61 months ago
Those figures are very impressive. And it's great to be #3, but what is the real headline here is While Walmart and Best Buy are 1 and 2, their sales are stagnant, and Apple's are growing at a brisk pace.

This means that iTunes is destine to become the #1 most music seller. It's simple, Apple growing, others stagnant or loosing ground.

Go Apple Go!
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