Showing posts with label itunes. Show all posts
Showing posts with label itunes. Show all posts

Thursday, April 03, 2008

iTunes Makes Apple #1 Music Retailer In U.S.A



According to ArtsTechnica.com, Apple has risen to become the number one music retailer in the United States, and all of those transactions are online - not one single money exchange was done by a cash register in an Apple store.

That's amazing. Apple has surpassed WalMart, BestBuy and another online retailer Amazon.com to reach this position. But this should firmly cement in the mind of the public the fact that online retail is not a fad and is the next wave of transactions.

But ArtsTechnica points to a "dark side" of Apple's success because many "offline" retail purchases are of high-end CD's, so Apple's success means that the overall revenue of the music industry is falling.