iTunes Has Now Served Over 3 Billion Songs
Apple recently made an announcement that its iTunes online music service has reached the 3-billion-downloaded-songs mark. In fact, Apple’s iTunes Store recently outshined both Amazon and Target and took the number three spot in the list of America’s largest music retailers. Apple’s vice president of iTunes, Eddy Cue, stated, “‘We’d like to thank all of our customers who have contributed to this incredible milstone.’”
Some may feel that the 3 billion mark isn’t such a big deal. After all, iTunes was started about many years ago, and at 99 cents per song, the revenues generated would be a little under $3 billion over a period of about 6 years. On the other hand, we shouldn’t forget that iTunes is only a subsidiary.