Apple: 1 Million Tunes Sold in First Week
Surpassing even its own expectations, Apple announced that over one million songs have been sold via the iTunes Music Store since its launch one week ago. More than half the songs were purchased as part of complete albums, a sign Apple says proves that selling individual tracks online will not destroy album sales.
Apple CEO Steve Jobs boasted about the instant success, saying Apple had "broken every record and become the largest online music company in the world."
Currently featuring a library of 200,000 songs, the iTunes Music Store will receive 3,200 more tracks on May 6, including new album releases from Jack Johnson and Andrea Bocelli. An exclusive song and video from Coldplay will be added as part of the band's Featured Artist page, along with Alanis Morissette and her catalog of music.
Backing up the positive response from iTunes Music Store customers, Apple says it has received orders for 110,000 third-generation iPods, which went on sale May 2.
The company's major label partners that were essential in launching the iTunes Music Store were supportive of the news.
"Apple has shown music fans, artists and the music industry as a whole that there really is a successful and easy way of legally distributing music over the Internet," said Roger Ames, CEO of Warner Music Group.