It’s hard to believe that Apple launched its first attempt at the iTunes Store just six years ago. What started out as a digital store that had a selection of only around 200,000 songs has now transformed into an online marketplace for over 10 million Songs, Movies, Podcasts, Audiobooks, TV Shows, and Applications. Today, the iTunes Store has sold over 8.5 Billion songs, 1 Billion Videos, and 2 Billion apps. Apple and the iTunes store are now responsible for 88% of the “Legal” music download market.
Do we really remember what listening to and purchasing music was like before iTunes… or the iPod for that matter? These numbers are a testament to the type of transformation that’s been made from an industry which once relied almost solely on going to your local record store and purchasing a CD.