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May 02, 2003
Apple iMusic
According to Billboard Magazine, Apple sold 275,000 tracks in the first 18 hours of operation. The Register reports that the average profit per track is 35 cents so that means Apple was earning $96,250 in just 18 hours (about 260 songs/minute or $90/minute). The story also appears in MacMerc, MacCentral and AppleTurns.
Really it was quite a good result given that it was restricted to Mac users (not yet available for Windows....).
Actually it was a fantastic result when you also think that at least half of Mac users are not allowed to buy either. So how do you feel if you are a Mac user outside the US? You are no better than a PC user inside the US!
Posted by Ozguru at May 2, 2003 07:05 AM