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Apple Rakes In Big $$
May 07, 2003

Apple Service Tops Million First-Week Downloads

Apple Computer says its new digital music service, the iTunes Music Store, sold more than 1 million downloads in its first week, Billboard Bulletin reports. The figure roughly matches the download sales to date by all other digital music services combined, sources say.

More than half of the songs, priced at 99 cents each, were bought from iTunes in album bundles. Also, more than half of the 200,000 songs available via the service were purchased at least once. Top sellers included tracks by U2, Coldplay, Eminem, Norah Jones, Sting, and Sheryl Crow.

"Our internal measure of success was having the iTunes Music Store sell 1 million songs in the first month. To do this in one week is an over-the-top success," Universal Music Group chairman/CEO Doug Morris says in a statement.

Apple is adding another 3,200 tracks to the service today, including music from Jack Johnson, Andrea Bocelli, Fleetwood Mac, the Eagles, Coldplay, and Alanis Morissette. The company is reportedly in negotiations with several major acts who have never made their catalogs available to digital download services.

Apple also reports that 1 million copies of its iTunes 4 music management software have been downloaded in the last week, and that it received orders for 110,000 new third-generation iPods in the same time period. The company says 20,000 iPods were sold in U.S. stores over the weekend.

-- Brian Garrity, N.Y.


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