April 3, 2008

Apple passes Wal-Mart, now #1 music retailer in US

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According to ars technica, Apple is now the #1 music retailer in US.

"The fact that a digital-only retailer has ascended to the top of the sales charts is not unexpected, but it does demonstrate just how much the music landscape has changed since the beginning of the decade.

The NPD Group has been tracking a "sharp increase" in digital downloads over the past several months as physical sales dry up.

According to NPD's research, 48 percent of US teens didn't buy a single CD in 2007, compared to 38 percent in 2006."

emily | 9:06 AM | News, Buzz | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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