Apple maintains Music Sales Lead

Filed under: Apple News, Music, News | By: Alan Ng
Posted on: August 7, 2008 | No Comments

Apple maintains Music Sales Lead

The latest figures are in from NPD MusicWatch, and they confirm that Apple iTunes is beginning to dominate music sales in the US. Earlier this year, they surpassed music sales by Wal-Mart and these latest stats show that iTunes remains the leading U.S music retailer, with Amazon starting to also climb the charts.

Amazon rose from fifth place to fourth due to two main reasons, the first being that online CD sales are not dipping as fast as those at high street stores, and secondly the fact that Amazon was now gaining sales from its newly launched digital music store, Amazon.mp3.

A quote from the NPD predicts that Apple will continue to enjoy more success, “We expect Apple will consolidate its lead in the retail music market, as CD sales continue to slow,” claims Russ Crupnick who is a entertainment industry analyst for the NPD group.

This latest story is further evidence that the music industry is more reliant on online sales than ever before, I wonder just how many of you use iTunes regularly to purchase your music, before previously going outside to retail stores to buy, the convenience of it all is basically enough to tempt most of us to purchase tracks online these days.

Here is the chart of Music sales in full:

1. iTunes
2. Wal-Mart
3. Best Buy
4. Amazon
5. Target.

Source: Read

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