Source link : https://tech365.info/right-now-in-apple-historical-past-itunes-turns-into-no-2-music-retailer-in-us/
February 26, 2008: Lower than 5 years after launching, the iTunes Music Retailer turns into the No. 2 music retailer in the US, second solely to Walmart.
In that comparatively brief interval, iTunes sells greater than 4 billion songs to greater than 50 million clients. The fast rise to prominence stands as a large achievement for Apple — and for the revolutionary digital distribution mannequin Cupertino helped pioneer.
iTunes Music Retailer rises to the highest
“We’d like to thank the over 50 million music lovers who have helped the iTunes Store reach this incredible milestone,” stated Eddy Cue, Apple’s vp of iTunes, in a press launch. “We continue to add great new features like iTunes Movie Rentals to give our customers even more reason to love iTunes.”
The iTunes Music Retailer debuted on April 28, 2003. On the service’s launch, digital music downloads had been synonymous with theft. Pirate companies like Napster drove a large commerce in unlawful downloads, threatening the music business’s future.
Whereas iTunes remained an outsider in some senses, its fast success reassured music enterprise execs. Coupled with the revolutionary iPod music participant, Apple’s more and more common on-line storefront proved there was a brand new approach to promote music within the digital age.
Rising giant sufficient to problem Walmart, the largest U.S. music retailer on the time, was a large achievement for iTunes.
Apple heads towards largest music vendor
The…
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Author : tech365
Publish date : 2026-02-26 15:21:00
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