May 1, 2008

iTunes celebrates five years

Originally started as a platform for mac users to download music and other things! The iTunes service from Apple wanted to provide for the market which was only three per cent at the time. That was five years; on 28th April 2003 the first tunes were sold.

Within five days the store had sold over one millions tracks, proving that this was going to be one of the great ones. But what was needed from iTunes is a greater market share; this gap was then closed when they opened it up for the Windows users, who quickly embraced it buying a million tracks within three days.

Now coming up for its five year birthday, the site has now sold to users of all operating systems over four billion tracks and a hundred and twenty five million episodes of various TV shows. However are the glory days are now over, with competition coming from the likes of Amazon, eMusic and other competitors, the market is going to be sliced up.

Source [TG Daily]