iTunes Store Tops Three Billion Songs

xUKHCx · Jul 31, 2007, 09:24 AM

To give it it's proper home

Quote:

Originally Posted by avigalante

Apple's iTunes tops 3 billion songs...
http://uk.reuters.com/article/techno...EN989220070731

Backed up by appleinsider

Quote:

Originally Posted by appleinsider

Apple's iTunes Store: 3 billion served

By AppleInsider Staff
Published: 09:00 AM EST

Apple said Tuesday that more than three billion songs have been purchased and downloaded from the iTunes Store since its inception back in April of 2003.

The Apple download service has grown into 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.

“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.

The iTunes Store also recently surpassed Amazon and Target to become the third largest music retailer in the US.

That is a lot of songs.

avigalante · Jul 31, 2007, 09:31 AM

Quote:

Originally Posted by xUKHCx

To give it it's proper home

Backed up by appleinsider

That is a lot of songs.

Thanks for moving this here... My macrumors kept disconnecting for some reason...

...tis why I posted in the other discussion thread

Jeffrey903 · Jul 31, 2007, 09:52 AM

I created this graph using the dates from the Apple Press Releases to see how the iTunes store is growing (and it is growing VERY quickly):

whooleytoo · Jul 31, 2007, 11:03 AM

Quote:

Originally Posted by Jeffrey903

I created this graph using the dates from the Apple Press Releases to see how the iTunes store is growing (and it is growing VERY quickly):

Thanks for the chart.

Interesting to note though, that the rate of sales seems to have gone down in the last period, for the first time; up until then it had always been on the increase. (The chart is concave up until the last data point, then convex).

If the chart is correct, it might suggest iTMS sales are starting to peak?

alywa · Jul 31, 2007, 11:16 AM

Quote:

Originally Posted by whooleytoo

If the chart is correct, it might suggest iTMS sales are starting to peak?

Seasonal variation probably accounts for some of the curve, but, yes, rate of sales growth will eventually peak. Sales, however, will continue to increase (net) until Apple stops selling music (duh!

)

A billion songs in 6 months is quite impressive, and I wouldn't be surprised to begin seeing 500 million / month within a couple of years.

The record labels are scared. Very scared.

dernhelm · Jul 31, 2007, 11:16 AM

Quote:

Originally Posted by whooleytoo

Thanks for the chart.

Interesting to note though, that the rate of sales seems to have gone down in the last period, for the first time; up until then it had always been on the increase. (The chart is concave up until the last data point, then convex).

If the chart is correct, it might suggest iTMS sales are starting to peak?

Look closely. A similar blip occured in April 2004. I doesn't mean a thing.

Montserrat · Jul 31, 2007, 11:19 AM

Quote:

Originally Posted by dernhelm

Look closely. A similar blip occured in April 2004. I doesn't mean a thing.

Might not mean a thing, you're correct. Only time will tell. If they announce 4bn before end of the year, then you're correct...

whooleytoo · Jul 31, 2007, 01:15 PM

Quote:

Originally Posted by dernhelm

Look closely. A similar blip occured in April 2004. I doesn't mean a thing.

You're right (no problems with your eyesight!), there was a similar blip back then, though in this case it's a more marked break with the trend. And, with iTunes sales being so much greater now, it takes a far bigger shift to make a blip on that chart.

I guess we'll see when the next set of figures are released.

inkswamp · Jul 31, 2007, 12:47 PM

In other news, executives at Universal Music Group were seen sweating bullets this morning.

twoodcc · Jul 31, 2007, 01:54 PM

great news! glad to be a part of it

MacRumors · 10:11 AM

Apple announced today that they have sold over 3 Billion songs through the iTunes store.

Quote:

“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.

Apple first opened the iTunes store in April of 2003.

Article Link

morespce54 · Jul 31, 2007, 10:00 AM

gee, that's a lot of tracks...

Keep it up! (mostly with non-dmr...

)

Queso · Jul 31, 2007, 10:01 AM

That's one song for every couple on the planet

Sweet.

villainx · Jul 31, 2007, 10:02 AM

At the same time, somehow I don't think the record labels will be thanking Apple for preventing x billions of illegal downloads.

overcast · Jul 31, 2007, 10:11 AM

Quote:

Originally Posted by villainx

At the same time, somehow I don't think the record labels will be thanking Apple for preventing x billions of illegal downloads.

Oh give me a break

Eric Lewis · Jul 31, 2007, 10:02 AM

that didnt take long...id say itunes will pass best buy sooon! to #2

TitoC · Jul 31, 2007, 10:03 AM

Congratulations Apple!!! 1 billion songs in a little over 6 months.

Now on to serious business. When is the next iTunes contest with an iPod giveaway? It would make a nice announcement/contest - a multi-touch iPod for a multi-billion year.

Squonk · Jul 31, 2007, 10:09 AM

Quote:

Originally Posted by TitoC

Congratulations Apple!!! 1 billion songs in a little over 6 months.

Now on to serious business. When is the next iTunes contest with an iPod giveaway? It would make a nice announcement/contest - a multi-touch iPod for a multi-billion year.

Way to go Apple! The third billion songs in 6 months, the growth is certainly accelerating!

srobert · Jul 31, 2007, 11:08 AM

Quote:

Originally Posted by Squonk

Way to go Apple! The third billion songs in 6 months, the growth is certainly accelerating!

Actually, looking at the graph, it looks like sales have slowed down for the frist time over the last quarter. Not sure if the sales 'slump' was for the iTunes store only or for the whole industry.

Edit: As whooleytoo demonstrated already ^_^

Montserrat · Jul 31, 2007, 11:15 AM

It does appear that sales might be slowing. Can someone do an analysis on that data to convert it from cumulative data to approximated sales per quarter, that would be really indicative of the health of iTunes.

Alternatively, post the data points (i.e. dates of press releases and quantities sold) and I'll have a bash...

Craiger77 · Jul 31, 2007, 12:52 PM

Quote:

Originally Posted by srobert

Actually, looking at the graph, it looks like sales have slowed down for the frist time over the last quarter. Not sure if the sales 'slump' was for the iTunes store only or for the whole industry.

Edit: As whooleytoo demonstrated already ^_^

There are not enough data points to make this conclusion. It is a straight line between 2 and 3 billion because there were no numbers released in between. When it was less than a billion they were releasing numbers more frequently and this allows you to see a curve.

Laglorden · Jul 31, 2007, 01:22 PM

Quote:

Originally Posted by Squonk

Way to go Apple! The third billion songs in 6 months, the growth is certainly accelerating!

No, look at the graph, according to that it's decelerating... The "delta" seems to have decreased in the last part of the graph (it took longer time to get from 2500 millon to 3000 millon than from 2000 to 2500)

Edit: sorry, posted before all others already pointing out this.

psycoswimmer · Jul 31, 2007, 10:09 AM

Quote:

Originally Posted by TitoC

Congratulations Apple!!! 1 billion songs in a little over 6 months.

Now on to serious business. When is the next iTunes contest with an iPod giveaway? It would make a nice announcement/contest - a multi-touch iPod for a multi-billion year.

Yeah, the last contest I can remember is when that guy bought a Coldplay album/song and won 10 iPods, an iMac, and a $10,000 iTunes gift card. Not bad.

morespce54 · Jul 31, 2007, 10:43 AM

Quote:

Originally Posted by psycoswimmer

Yeah, the last contest I can remember is when that guy bought a Coldplay album/song and won 10 iPods, an iMac, and a $10,000 iTunes gift card. Not bad.

oh yes... lucky bas-coldplay-lover

Wasn't it for the first billion? Seems like Apple don't even have time to put up contests anymore... sales are growing too fast!

Squonk · Jul 31, 2007, 10:44 AM

Quote:

Originally Posted by morespce54

oh yes... lucky bas-coldplay-lover

Wasn't it for the first billion? Seems like Apple don't even have time to put up contests anymore... sales are growing too fast!

Yeah and they didn't need the contest to help make sales. The cash is just rolling in now...

Jul 31, 2007, 01:54 PM	#10
twoodcc macrumors 603 Join Date: Feb 2005 Location: Right side of wrong	great news! glad to be a part of it __________________ tville pump Smarter than the average bear

Jul 31, 2007, 10:00 AM	#12
morespce54 macrumors 6502a Join Date: Apr 2004 Location: Around the World	gee, that's a lot of tracks... Keep it up! (mostly with non-dmr... ) __________________ ..:.::.:.:.::..:.: Oh, I get it. It's very clever :.:.::.:.:.::.:..:.::..:.::.:..:.::.:.::.:.::.. DO NOT OPERATE YOUR COMPUTER UNDER THE INFLUENCE!

Jul 31, 2007, 10:01 AM	#13
Queso macrumors Demi-God Join Date: Mar 2006 Location: Sota el mar	That's one song for every couple on the planet Sweet. __________________ Gary Ablett's Blue and White Army

Jul 31, 2007, 10:02 AM	#16
Eric Lewis Banned Join Date: Feb 2007 Location: CANADA? eh?	wow that didnt take long...id say itunes will pass best buy sooon! to #2

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Jul 31, 2007, 09:52 AM	#3
Jeffrey903 macrumors member Join Date: May 2006	I created this graph using the dates from the Apple Press Releases to see how the iTunes store is growing (and it is growing VERY quickly):

Jul 31, 2007, 12:47 PM	#9
inkswamp macrumors 65816 Join Date: Jan 2003	In other news, executives at Universal Music Group were seen sweating bullets this morning.

Jul 31, 2007, 10:02 AM	#14
villainx macrumors newbie Join Date: Jul 2007	At the same time, somehow I don't think the record labels will be thanking Apple for preventing x billions of illegal downloads.

Jul 31, 2007, 10:03 AM	#17
TitoC macrumors regular Join Date: Jun 2007	Congratulations Apple!!! 1 billion songs in a little over 6 months. Now on to serious business. When is the next iTunes contest with an iPod giveaway? It would make a nice announcement/contest - a multi-touch iPod for a multi-billion year.

Jul 31, 2007, 11:15 AM	#20
Montserrat macrumors regular Join Date: Jun 2004 Location: UK	It does appear that sales might be slowing. Can someone do an analysis on that data to convert it from cumulative data to approximated sales per quarter, that would be really indicative of the health of iTunes. Alternatively, post the data points (i.e. dates of press releases and quantities sold) and I'll have a bash...