iTunes kicks Napster’s ass!
2003 at 01.44 pm posted by Veerle Pieters
iTunes sells 1.5 million songs during past week; five times Napster’s first week downloads. Apple is in top spot with over 80 percent market share ... Mental note! Never believe any analyst ;-) This news makes me happy since I just knew iTunes would be way more popular then Napster. In previous posts I mentioned that the popularity of the name Napster wouldn’t give any guarantee for success, like this analyst of U.S. Bancorp Piper Jaffray predicted.
I believe in iTunes Music Store because of its easy use (no monthly fee, its very easy to use interface built into iTunes, the one-click buy etc.) and also because it is cheap to buy a song and you get the freedom you want. I also believe that Apple is doing a very good job in making it a success because of the cool original deals they make with Pepsi and now with Mc Donalds, which is not yet confirmed, it’s just a rumor. But I guess it’s true, it sounds like Steve Jobs all over ;-)
CUPERTINO, California - November 6, 2003
Music fans purchased and downloaded 1.5 million songs from Apple’s iTunes Music Store during the same period that Napster reported selling 300,000 songs during its first week of operation.
More than 17 million songs have been purchased and downloaded from the iTunes Music Store since it launched in April 2003. According to Nielsen SoundScan, the iTunes Music Store had more than 80 percent market share of legally purchased downloads last week. “During Napster’s first week of operation, the iTunes Music Store sold five times as many songs as Napster did 1.5 million versus 300,000” said Steve Jobs, Apple’s CEO. “The unbeatable combination of iPod and iTunes offers music lovers a seamless experience for buying, managing and listening to their digital music collections anywhere.”
The iTunes Music Store offers Windows users the same online music store as Mac users with the same music catalog of more than 400,000 songs, the same “gold standard” personal use rights and the same 99 cents-per-song pricing. The second generation iTunes Music Store launched October 16 includes: online gift certificates for family and friends; Apple’s innovative and patent-pending online “Allowance” feature which allows parents to automatically deposit funds into their kids’ iTunes Music Store account every month; more than 5,000 audiobooks which can be purchased with one click and listened to on a Mac or Windows computer as well as on iPods; Celebrity Playlists; and new exclusive tracks from more than 60 artists. The iTunes Music Store offers music from all five major music companies and over 200 independent music labels.