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iTunes Celebrates First Anniversary







iTunes Celebrates First Anniversary

iTunes Celebrates First Anniversary 04/28/2004 10:25 AM

“iTunes has exceeded our wildest expectations during its first year, charting a new direction for the music industry,” said Apple CEO Steve Jobs. In its first year, music fans have purchased more than 70 million songs, making it the number one online music service in the world with more than 70% market share of legal downloads for singles and albums. iTunes customers are currently purchasing 2.7 million songs per week, a rate of 140 million songs per year. To kick off its second year, Apple today launched the third generation iTunes Music Store, featuring the industry’s largest online music catalog of over 700,000 songs from all five major music companies and over 450 independent music labels, as well as groundbreaking new features. [Apr 28]




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