Sign of the Times: iTunes is now the 3rd Largest Music Store in US

Submitted by Tim Chambers on 6/23/07

As NDN has been charting the trend of media moving to become more networked and digital, here is another sign of this change this week.

As reported by NPD research... For the first quarter of 07, Apple's iTunes store is now the 3rd largest music retailer of any kind - those selling physical CD's or digital downloads - for the US. They now have a 9.8 market share.

"Wal-Mart currently holds 15.8% and Best Buy has 13.8% (BestBuy.com has 1.1% market share) to place ahead of Apple's iTunes Store. Amazon.com Inc. dropped to fourth with 6.7%."