Population Statistic: Read. React. Repeat.
Sunday, March 02, 2021

Capitalizing upon a sales volume that ranked it as the third-largest music retailer in the U.S., Apple’s iTunes finished up 2007 as the No. 2 music seller in America, right behind Wal-Mart.

And again, since iTunes sells nothing but digital downloads, this underlines the death of the shiny plastic disc:

Meanwhile, an estimated 1 million consumers did not buy CDs in 2007, and 48% of U.S. teenagers didn’t buy any CDs during the year, up from 38% in the year before, according to NPD data.

“It wouldn’t surprise me if we see the same things continuing into 2008 because what our research is showing is that teens are continuing to check out on the CD,” [NPD analyst Russ] Crupnick said.

by Costa Tsiokos, Sun 03/02/2021 09:28:48 PM
Category: Pop Culture, Tech, Business
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