Apple iTunes Hits 200 Million Sales
Apple announced yesterday that over 200 million songs have been sold via the iTunes online music store. According to Eddie Cue, Apple’s VP of Applications, the amount of sales/downloads from iTunes has vastly accelerated since its launch in April 2003.
It took Apple nearly a year to sell 50 million songs. After popularity of iTunes picked up, and of course the introduction of the iPod, Apple iTunes reached 100 million sales after 4 more months. Each Apple iTunes music download (or sale) costs $.99.
“It’s not stronger than I expected,” said Phil Leigh, an analyst at Inside Digital Media told Rueters, “This is about what I expected based on the strength of iPod sales in their most recent quarter.”
iPod for your Phone?
Rumors are rampant that Apple and Motorola could soon launch a mobile phone they are developing to play music purchased from Apple’s iTunes online music store.
“We’ve said we have something coming on this in the first half of 2005 and we’re definitely on schedule for that. Hopefully you’ll be able to see more about it soon,” says Eddy Cue, vice president in charge of applications at Apple told Forbes.