3 billionth song sold on iTunes

Published: August 1, 2007, 9:29 am

Tags: aapl, bby, ipod, itunes, music, wmt

Filed under: Products and services, Consumer experience, Competitive strategy, Apple Inc (AAPL), Wal-Mart (WMT), Best Buy (BBY)In the latest milestone enjoyed by Apple's (NASDAQ: AAPL) iTunes service, the 3 billionth song has been downloaded. According to AP reports, the track was purchased just six months after the 2-billion-song threshold was crossed. Song number 1 billion was purchased in February 2006, nearly three years after the service launched in April 2003.This year, Apple took the third spot among a list of national music retailers, trailing Wal-Mart Stores (NYSE: WMT) and Best Buy (NYSE: BBY). The data is tracked in terms of album sales, so iTunes must sell 12 singles at $0.99 a pop to match a single album purchased at WMT or BBY. What the article failed to mention is what this milestone song was. Was it iTunes' current most popular download, "Beautiful Girls" by Sean Kingston? Journey's "Don't Stop Believin'," which has seen a resurgence in popularity thanks to inclusion

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