NYT: Apple Finds the Future for Online Music
updated 10:40 am EDT, Thu May 29, 2003
The New York Times looks at the success of the Apple iTunes Store: "pple Computer seems to have the future of online music in its hands for the moment. Its new service, iTunes Music Store, has been the first real success story in the long effort to sell music over the Internet. In just its first month of operation the service, by the company's estimate, has , at 99 cents each. This is an impressive figure considering the limited access that music fans now have to the service." The article also notes a few shortcomings such as a limited music collection, major-label only representation, the lack of community building functions, and no affiliate program.






Fresh-Faced Recruit
Joined: Jul 2001
Ouch
1 million songs the first week, 1 million the second week, but they close the first month of operation with 3 million.
No wonder Apple hasn't been seen gloating these past two weeks.
This looks like one h*** of a slowdown.