Apple Leads in Music Sales But Amazon.com's Sales are Growing Faster
Bloombergreports that Apple has 28% of the music sales marketshare according to the NPD Group. This makes Apple the leading company when it comes to music sales. NPD Group data also indicates that Amazon.com gained 3% on Apple during the 1st quarter of 2010. Amazon.com climbed to 12% to tie with Walmart.
During the period, Amazon.com had 12 percent of the market for digital songs and physical CDs, the same as Wal-Mart, according to NPD Group Inc., a research firm in Port Washington, New York. In downloaded music, Amazon.com added 4 percentage points of share, compared with 1 percent for Apple, NPD said.
Apple sells only digital downloads through its iTunes service while Amazon.com sells both CDs and digital downloads.