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).