Apple’s online iTunes Store has surpassed Wal-Mart Stores as the leading U.S. music retailer based on January and February sales, research firm NPD Group says.
I beg to differ: iTunes is the leading music retailer in the whole wide world.
Among retailers online AND offline.
“We launched iTunes less than five years ago, and it has now become the number one music retailer in the world,” says Eddy Cue, vice president of iTunes.
To date, iTunes has sold more than 4 billion songs to more than 50 million customers.
Ouch for Walmart, for music store chains accross the world... and for all the major music distributors who are scrambling to get on the online music bandwagon a little late.