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iTunes tops music vendor charts
Apple's online iTunes music store is now the no.1 music retailer in the United States, according to the latest data from the NPD Group. In January and February, the online store captured a 19% share of the music sales market, besting retail behemoth Wal-Mart, which sells much of its music in conventional CD format.
To date, Apple says iTunes has 50 million customers and has sold more than 4 billion songs from a catalogue of over than 6 million choices.
iTunes, of course, sells digital downloads with both single and album options, while Wal-Mart sells physical CDs in its brick-and-mortar stores. The chain also has an online sales presence.
To get the comparison, the NPD Group's MusicWatch survey counts consumer-reported purchases and counts one CD as representing 12 tracks. The time frame covered by the latest ranking spans music sold during January and February 2008.
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