By now you have probably seen that Apple is claiming to be the #2 music retailer in the U.S by surpassing Best Buy and Target. (NPD is making this statement.)
However, this blogger says that iTunes set to displace Wal-Mart as largest music retailer in U.S. some time this year. He is using the fact that CD sales are dropping at the rate of 20% a year and downloads are growing at a 50% rate.
Personally I don’t know how long that 50% increase will continue, but at some point, the transition will be made. The question is how soon and what can Apple do to speed up the process.
See the full article here.
