Business Services Industry
Apple's online music store sells 150 millionth song.
Knight Ridder/Tribune Business News, October, 2004
By Robert Barba, The Denver Post Knight Ridder/Tribune Business News
Oct. 15--Apple said its iTunes digital download music store has sold its 150 millionth song to a Colorado woman.
The buyer was Beth Santistevan of Ignacio, and her special selection was "Ex-Factor" by Lauryn Hill.
Santistevan could not be reached for comment Thursday.
"ITunes has had phenomenal success," said Joe Wilcox, senior analyst of Jupiter Research. "Not only have iTunes sales been strong, they continue to get better."
Simultaneously, Apple reported that an average of 4 million songs are downloaded a week, up from 3.3 million in May.
The store's rapid rise is not surprising, Wilcox said.
The industry is forecasting that...
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