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For six years, the Internet Nexus served as my technology blog, but I've since started blogging at the SuperSite Blog instead. If you're looking for the blog, please head there. --Paul

Sunday, August 03, 2003

iTunes sales tank
I'm not sure why this is surprising, as there is such a small market of people that can even access the service, but music sales at Apple's iTunes Music Store are falling fast. When the service debuted on April 28, iTunes was loggin sales of 200,000 per day. By May 5, sales had topped 1,000,000, dropping the average per day to 140,000 songs. By mid-May, this figure had fallen to 125,000. By June 1, it was less than 100,000 per day. Sensing a trend? Wait, it gets worse. By June 23, Apple had sold 5 million songs, so the average daily sales had fallen to 89,000. On July 22, the total sales hit hit 6.5 million, droping the average to just 52,000 sales per day. That means Apple is selling far fewer than that per day right now, dropping the service perilously close to statistical irrelevency. Anyone want to take bets on when Buymusic.com surpasses iTunes' sales? I'm guessing it happens before Apple releases the Windows version of iTunes.

[ Posted at 9:58 AM | Permalink ]