With share volume of 25,805,034 today, Apple (AAPL) shares rose 11.28%, up $1.63 today on reports of better than expected online music and iPod sales. AAPL closed at $16.08.
Apple today announced that its iTunes Music Store sold over one million songs in less than one week of operation. Apple also reported that over one million copies of iTunes 4 have been downloaded, and that it has received orders for over 110,000 new third-generation iPods since their introduction a week ago, with music lovers snapping up more than 20,000 of them from stores in the U.S. this weekend.
“In less than one week we’ve broken every record and become the largest online music company in the world,” said Steve Jobs, Apple’s CEO in a press release.