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#1
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Music sellers
Apple rises to No. 3 music seller in U.S.
Reuters 8:15 PM PDT, June 22, 2007 NEW YORK -- Apple Inc.'s digital music store iTunes is now the third-largest music retailer in the United States with 10 percent market share, overtaking Amazon.com in the first quarter, according to a survey released Friday. The NPD Group report highlights the growing strength of digital music in the U.S. market as physical sales of compact discs continue to slide. Apple's iTunes is third behind market leader Wal-Mart Stores Inc. with a 15.8 percent share, and Best Buy Co Inc. with a 13.8 percent share, according to the survey of 40,000 people aged 13 and older. Both of those retailers mostly sell music in the CD format. Online store bestbuy.com has a 1.1 percent market share with sales of both CDs and digital music. Amazon.com Inc. dropped to fourth with a 6.7 percent share. Its sales increased but not as fast as rivals. Amazon also sells music mainly in the CD format, but last month it started selling digital music but without copy protection software such as that used by iTunes. NPD said the iTunes digital music store had benefited from sales of Apple's iPod digital music player during the holiday season. The vast majority of digital songs and albums bought on iTunes will only play on iPods, as well as the iTunes PC application. iTunes last month rolled out a new service called iTunes Plus which sells higher quality digital songs without copy protection at a premium price. NPD analyst Russ Crupnick said that iTunes had also benefited from the slowdown in CD sales, the dominant format for recorded music sales. According to sales data from Nielsen SoundScan, first quarter sales of music CDs were down by more than 20 percent year-on-year, a trend analysts don't expect to change. "With only a couple of weeks remaining in the second quarter, industry CD sales have shown only marginal improvement over first quarter levels," said Richard Greenfield, analyst at Pali Capital in a note to clients on Thursday. Though Wal-Mart is the top U.S. music retailer, it carries a relatively narrow selection of CDs. Some analysts believe its rivals are likely to consider a similar strategy. "Anecdotally we're hearing they're beginning to think about cutting back on retail space for physical (music)," said Crupnick. "But in the near term retailers like Wal-Mart and Best Buy are going to continue to be powerhouses. |
#2
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It's terrible ... isn't it?
Who would have thought that, even 20 years ago. Hardcore analog listeners wouldn't even consider a Compact Disc as suffecient media for music recording. We would play "Direct Cut LP's" to the extend where the drivers 'pop' out of the speaker cabinets. Record players like Micro Seiki, with a suction/pump mechanism, which would suck the LP onto the turntable which at the same time would be lifted pneumatically in order to turn. All of this was driven by an external motor via a specially fabricated string ... The fine art of playing analog records...
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#3
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I still do analog, but that iTunes store is so easy to use.
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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman |
#4
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I still have a ton of LP's, and every time I'm at a concert and there is a choice between vinyl and CD, I go for the vinyl. Still, downloading stuff makes it so much easier to check out all sorts of different bands.
What scares me is that wal-mart is the number one retailer for music cd's... considering they have something like 50 different albums, all of them crappy, a lot of people are missing out. Oh well. |
#5
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A local Tower Records just closed their doors and went out of business. Another sad casualty of the digital age...
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#6
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They closed here years ago already, I liked the store, it always had great deals, specially older stuff.
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#7
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Yep, digital killed the analog star.
Sam the Record Man closed shop in Toronto - sad days. http://www.cbc.ca/arts/music/story/2007/05/30/sam-record-close.html
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Chris 2007 E550 4Matic - 61,000 Km - Iridium Silver, black leather, Sport package, Premium 2 package 2007 GL450 4Matic - 62,000 Km - Obsidian Black Metallic, black leather, all options 1998 E430 - sold 1989 300E - 333,000 Km - sold 1977 280E - sold 1971 250 - retired "And a frign hat. They gave me a hat at the annual benefits meeting. I said. how does this benefit me. I dont have anything from the company.. So they gave me a hat." - TheDon |
#8
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Another one bites the dust, oh, another one bites the dust . . . .
Just trying to keep with our musical theme.
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#9
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Does the "Electric Fetus" sell any vinyl? I haven't been there in a while.
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'07 Yukon 2500 '13 Subaru Outback 3.6R '13 Orbea Carpe 9-speed Currently Benzless Formerly: 300TD, S600, E55, 560SEL ---= The forest breathes, listen. -Native American elder |
#10
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Quote:
Cheapo on Lake, plus a few more around town. Treehouse, there's a coupla dives too where you really don't wanna take your car. We can take mine.
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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman |
#11
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Quote:
My car? Sh it, I've been in the hood with that many times. Recall where North Memorial is?
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'07 Yukon 2500 '13 Subaru Outback 3.6R '13 Orbea Carpe 9-speed Currently Benzless Formerly: 300TD, S600, E55, 560SEL ---= The forest breathes, listen. -Native American elder |
#12
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Quote:
Wait... you did.
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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman |
#13
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Yeah, those employees in the ramp.
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'07 Yukon 2500 '13 Subaru Outback 3.6R '13 Orbea Carpe 9-speed Currently Benzless Formerly: 300TD, S600, E55, 560SEL ---= The forest breathes, listen. -Native American elder |
#14
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Tell you a funny story. My sous chef bought a brand new 98 jag. Single, one income, studio apartment, so why not right? Beautiful metallic sky blue. One day he got into an argument with one of the cooks. Now all, or at least half, of my staff were work release inmates and practically all of them did some time for something or other. He goes out one night and all the damn doors were bashed in and the tires slashed! He never came to work again with that jag. Showed up in a POS '91 Ford.
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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman |
#15
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Quote:
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'07 Yukon 2500 '13 Subaru Outback 3.6R '13 Orbea Carpe 9-speed Currently Benzless Formerly: 300TD, S600, E55, 560SEL ---= The forest breathes, listen. -Native American elder |
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