Wednesday, April 30, 2008

iTunes Store turns 5: Can anyone break its dominance?

Cupertino (CA) - Apple's digital music store just celebrated its fifth anniversary and had a Cinderella-like run so far. More than four billion music tracks and more than 125 million TV episodes have been sold since launch. The market share is estimated at or above 70% worldwide. Earlier this year, iTunes was believed to briefly have been the nation’s largest music retailer. TG Daily took a look at the store’s history, the environment and competing landscape to sum up its five years of business and look at difficulties it may be facing.

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