Tech Industry
09/08/2003, 9:10am, EDT
Monday, September 8th[::FROM::] [::SiteName::]
Apple sells 10 million songs at iTMS
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Apple today announced that it has sold over over ten million songs from the iTunes Music Store since its launch just over four months ago--averaging over 500,000 songs per week. The ten millionth song, "Complicated" by Avril Lavigne, was purchased and downloaded at 11:34 p.m. (PDT) on September 3. "Legally selling ten million songs online in just four months is a historic milestone for the music industry, musicians and music lovers everywhere," said Steve Jobs, Apple's CEO. "Apple offers the only complete solution for digital music with iTunes and the amazing iPod, which now holds 10,000 songs in your pocket."
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posted by MacNN.com Reader
posted by MacNN.com Reader
If they offered a true 'high fidelity' format that didn't sound like mush on my horn speakers I'd be all over it...!
posted by MacNN.com Reader
The CBR-128 AAC files sound just fine on my pro-grade system with 15" woofers and 2" titanium compression drivers. Even amplified up to 120dB+, I cannot tell the difference between the original in a double blind test.
Either you have "golden" ears or have a psycological bias against compressed formats.
posted by MacNN.com Reader
How many songs have you guys bought off of the iTMS? I've bought 7 songs.
posted by MacNN.com Reader
posted by MacNN.com Reader
posted by MacNN.com Reader
Apple may have taken in $8 million in gross revenue, but there is probably very little, if any, net profit.
Apple has sold 10 million tracks; some at 99˘ per track, but many were sold as part of albums and thus much less per track. Apple then has to split the revenue with the record labels. By the time Apple pays for all of the setup, maintenance, and of course advertising, there can not be much left.
posted by MacNN.com Reader
I'm the 10,000,000th customer!
I'd like to thank my agent, my manager, my 'posse'...
posted by MacNN.com Reader
posted by MacNN.com Reader