Apple’s iTunes Store passes three billion songs sold milestone

Apple iTunesApple today announced that more than three billion songs have been purchased and downloaded from the iTunes Store. iTunes is the world’s most popular online music, TV and movie store featuring a catalog of over five million songs, 550 television shows and 500 movies. iTunes recently surpassed Amazon and Target to become the third largest music retailer in the US (source: NPD Group).

“We’d like to thank all of our customers who have contributed to this incredible milestone,” said Eddy Cue, Apple’s vice president of iTunes, in the press release.

With Apple’s legendary ease of use, pioneering features such as Cover Flow, integrated podcasting support, iMix playlist sharing, seamless integration with iPod and iPhone, and theability to turn previously purchased songs into completed albums at reduced prices, the iTunes Store is the best way for PC and Mac users to legally discover, purchase and download music and video online.

Visit Apple’s iTunes Store here.

MacDailyNews Note: Exponential!

The Apple iTunes Store Milestones:
• July 31, 2007: 3 billion songs sold
• April 9, 2007: 2.5 billion songs sold
• January 9, 2007: 2 billion songs sold
• December 6, 2006: Available in New Zealand
• February 23, 2006: 1 billion songs sold
• October 25, 2005: Available in Australia
• August 4, 2005: Available in Japan
• July 17, 2005: 500 million songs sold
• May 10, 2005: 400 million songs sold; available in Denmark, Norway, Sweden and Switzerland
• January 24, 2005: 250 million songs sold
• December 16, 2004: 200 million songs sold
• December 2, 2004: Available in Canada
• October 26, 2004: Available in the Austria, Belgium, Finland, Greece, Italy, Luxembourg, Netherlands, Portugal and Spain
• October 14, 2004: 150 million songs sold
• July 12, 2004: 100 million songs sold
• June 15, 2004: Available in UK, France, and Germany
• April 28, 2004: 70 million songs sold
• March 15, 2004: 50 million songs sold
• December 15, 2003: 25 million songs sold
• October 16, 2003: Available for Windows; 13 million songs sold
• September 8, 2003: 10 million songs sold
• June 23, 2003: 5 million songs sold
• May 14, 2003: 2 million songs sold
• May 5, 2003: One million songs sold
• April 28, 2003: iTunes Store launched in United States

44 Comments

  1. Now just imagine if Apple donated 10 cents per dollar to feed the hungry, or shelter the homeless.

    Imagine if Exxon Mobile did the same, and donated and additional 5 cents per dollar of gasoline to fund renewable energy research.

    Apple and Exxon still make out like bandits. And the world becomes that much happier. So simple.

  2. I could not recall the exact date when the iPod came out. However, I do believe it came out in October 2001. With that in mind, 3,000,000,000 songs in a little less than six years is pretty amazing. That equates to a little over half-a-billion songs a year.

    That’s a lot of money in the long run. While I’m no prognosticator, I do believe that AAPL is due for a stock split.

  3. I work with the homeless at times. It’s not a lack of money, or opportunity that generally keeps most in the streets. It’s mental illness and substance abuse.

    Apple should continue to grow and make as much money as it can. It should use its money as it sees fit. Hopefully, it will continue to push personal tech into the future.

    Not all good work ends in a soup kitchen.

  4. AO
    Corporations do not donate any money to charities, anymore than they pay taxes. Their customers pay these through higher prices.

    Want to tax gas more? Prepare to shell out more at the pump.
    Want Apple to give 10% to charity? Sure thing. Songs will now cost $1.09.

    It’s a nice thought, but charity begins at home.

    MW:social

  5. @AO

    I think Apple probably makes just 10 cents for each song it sells. Your message may be better directed at the record companies, who it appears make the bulk of the profits from iTunes sales.

  6. AO,

    You said, “Now just imagine if Apple donated 10 cents per dollar to feed the hungry, or shelter the homeless.

    Imagine if Exxon Mobile did the same, and donated and additional 5 cents per dollar of gasoline to fund renewable energy research.

    Apple and Exxon still make out like bandits. And the world becomes that much happier. So simple.”

    I say, “Shove it where the sun doesn’t shine.” If you want to play altruist, give away your own f***ing money and property.

  7. 1 billion after almost 2 years that the iTunes store was opened for business, the next billion in 10 1/2 months and the last billion in 6 1/2 monts. Would you call that an exponential progression? For when the No. 1 spot at that speed?

  8. Jeff,

    That was going to be my point.

    But seeing as you’ve stolen the headline, how about this for a factoid?

    Assuming that the digital world emulates the tangible world, UMG have a 35% share of iTS music downloads, or about 1.725 million tracks/day.

    If you assume that they take about 80¢ per track, that’s about $1.38 million every day or around $500 million over the course of the year.

    It’s worth remembering that there are no manufacturing or distribution costs to be absorbed, so pretty much all of that $500 million is profit other than the pittance of a royalty rate they pay the artist, and the marketing costs – which they try to recover from the artists wherever possible.

    So, $500 million a year and they still want to make another $50 million charging Apple a dollar per iPod.

    Here’s a question: are they charging any of the manufacturers of media capable phones (Samsung, Sony-Ericsson, Nokia, whoever) a dollar a phone?

    What’s that? No. Surely not.

  9. AO,

    Instead of paying higher prices to Apple and letting them decide how to donate the surplus, why don’t you keep the $.10 and donate it yourself? Then you get to decide which causes are the most deserving, and you can make a real difference in the causes you choose.

    $.10 per dollar might be more than many people can afford to give, but every bit counts. If you can’t afford $.10 per dollar, maybe you could put aside a nickel for each dollar you spend, and give that to the most deserving charities you can find.

    Thanks again for your desire to make a difference in the world, and good luck.

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