Latest in Apple

Image credit:

iTunes share of the US music market swells to 26.7%

Share
Tweet
Share
Save

Sponsored Links

Apple's iTunes music service has strengthened its lead in the US music market, growing to a whopping 26.7% of all music sold in the States, up from 21% a few years ago and 12% in 2007. That's pretty phenomenal growth, buoyed almost certainly by the rising share of digital music versus brick and mortar stores. Digital purchases make up 35.5% of music bought here, also up from 31% the last time Billboard released stats.

So where are all of these music purchases coming from? Best Buy and Walmart, apparently -- both retail outlets saw their shares drop by a few percentage points recently. And of course these are all percentages. I'd bet that lower music sales overall combined with growing sales on iTunes is helping to grow Apple's share quite a bit. At any rate, while hardware sales are getting the press, let's not forget that iTunes is still a big earner for Apple.

[via Macsimum News]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Engadget’s guide to Home Entertainment

Engadget’s guide to Home Entertainment

View
Tesla's crash test lab video shows real and virtual Model 3 wrecks

Tesla's crash test lab video shows real and virtual Model 3 wrecks

View
TiVo's 'free' streaming service starts rolling out

TiVo's 'free' streaming service starts rolling out

View
NASA demos spacesuits for its Moon and Mars missions

NASA demos spacesuits for its Moon and Mars missions

View
Sony’s 360 Reality Audio launches this fall with 1,000 tracks

Sony’s 360 Reality Audio launches this fall with 1,000 tracks

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr