Jari Ketola
16 Dec 2003 4:11
Apple's immensely popular online music store iTunes has sold 25 million songs since its launch in April, Apple announced today,
According to sources, the 25 millionth song sold was Let It Snow! Let It Snow! Let It Snow! by Frank Sinatra.
"With over 25 million songs purchased and downloaded to date, the iTunes Music Store is hands-down the most successful online music store," said Apple CEO Steve Jobs. "Music fans are buying and downloading almost 1.5 million songs per week from the iTunes Music Store, which is a rate of 75 million songs per year."
Apple has also sold more than $1 million worth of $20 and $200 gift certificates, which have been quite popular in the holiday season. The profit margins are extremely slim, but iTunes' popularity is also fueling the sales of iPod -- Apple's portable digital music player.
Apple currently holds a 70 per cent share of the music download market.
Source:
News.com