iTunes Music Store Sells Ten Millionth Song
Apple [Sept 8, 2003] announced that music fans have purchased and downloaded over ten million songs from the iTunes Music Store since its launch just over four months ago, averaging over 500,000 songs per week.
I’m not sure which is the bigger reality check: that the forever on-its-last-legs Mac just reinvented the RIAA cartel’s business model, making them a few million dollars in the process, or that a paltry 3% of the market can be generate that much revenue in so short a time. Annualized, that’s 26,000,000 purchases. Imagine what happens when the Windows version is released?