03-15-2004
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TechSpot Forces Special
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Location: Rolla, Missouri, USA
Member since: Feb 2002, 10,815 posts
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Apple breaks 50 Million songs sold over iTunes
Quote:
Apple Computer Inc. said on Monday it has sold 50 million songs over the Internet in the 11 months since it launched its iTunes Music Store, putting it at least halfway toward its goal for the year.
Apple, which charges 99 cents a song, said it is currently selling 2.5 million songs per week, which would translate into 130 million songs per year, or about $130 million in annual revenue.
It's still not clear if Apple will meet its goal of 100 million songs downloaded during the first year of the new service. At the current rate, Apple will likely sell about 18 million more songs before the April 28 deadline, putting it at the 68 million mark.
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More here: http://news.yahoo.com/news?tmpl=stor...dc_8&printer=1
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