Apple iTunes Now 3rd Largest Music Retailer In US

Apple iTunes is now the third largest retailer of music in the US with a 9.8% market share, according to a study just released by NPD Group MusicWatch, which measured both physical and downloadable music sales in the first quarter of 2007.

What I found particularly interesting is that iTunes now sells more music than Amazon.com, who have a market share of 6.7%. In first place was Walmart with 15.8% and Best Buy were in second place with 13.8%.  Also, 86.2% of overall market shares came from physical CD sales which means that iTunes controls 70% of the music download market.

Personally I’m not a big fan of the iTunes store, as it doesn’t seem to cover the music that I like. I also hate the DRM which means that I can’t play my music where I want. In fact, I’ve actually gone back to buying CDs and paying a premium so that I can play my music where I want and also so that I can import my tracks into my library in a lossless format. Using a lossless format has increased my storage problems, but I’ve still managed to pack around 5000 tracks onto my 60GB iPod which is more than enough music to carry around.

Read Related Posts

1. Uk’s Largest Music Retailer Woolworths Stops Selling Music CDs
2. iTunes Sells More Music Than Tower Records and Borders
3. Leaving iTunes Behind – Moving To MediaMonkey And Lossless Music
4. How To Play Lossless Music In Windows Media Center
5. Apple iTunes Dominates The UK Download Market

Subscribe To RSS Feed Updates (What is RSS??)