Apple iTunes Store Maintains its Number One Position in Music Retailers

Submitted by lalit on August 5, 2008 - 2:16pm.

According to the latest MusicWatch Survey from NPD group, the top five music retailers in US for first half of 2008 ranked as follows:

  1. Apple iTunes Store
  2. Wal-Mart (WalMart, Walmart.com, Walmart Music Downloads)
  3. Best Buy (Best Buy, Bestbuy.com, Best Buy Digital Music Store)
  4. Amazon (Amazon.com, AmazonMP3.com)
  5. Target (Target and Target.com)

iTunes maintained their leadership position that they reached earlier this year and Amazon rose from fifth to fourth place.
“We expect Apple will consolidate its lead in the retail music market, as CD sales continue to slow,” said Russ Crupnick, entertainment industry analyst for The NPD Group, in a statement. “Amazon’s CD buyers tend to be older, so they haven’t abandoned the CD format to the extent seen in the average music buyer. Plus Amazon’s successful introduction of its digital download store will help the company improve its position in the future.”
[Via MacDailyNews]

 

FeedBurner