Very interesting to see that iTunes is now the second largest retailer of music in the country. Only the big box Wal-Mart sells more, and iTunes is expected to eclipse it later this year.
What a juggernaut. Who would have thought that Apple would be such a dominant force in a relatively short period of time.
This info, from market research company NPD Group, includes this tidbit: 48 percent of teens didn't buy a single compact disc last year, up from 38 percent the year before. The company also notes that a million people stopped buying CDs in 2007.
Talk about a favorable trend for iTunes and a not so favorable trend for music retailers.
Do you still buy CDs? The last one I bought was The Rising by Springsteen. I bought Magic, though, his latest, on iTunes and now have The Boss fully represented on my iPod nano.
Just makes so much more sense to use the iPod as my music source, especially since I bought an Altec Lansing dock, which I love. Great sound, recharges my iPod, five-hour battery, and an FM tuner, to boot.