iTunes Store Reaches 3 Billion in Sales

By Michael Santo
Executive Editor, RealTechNews

Apple (AAPL, yes, I know the symbol ) shareholders rejoice. The iTunes store has sold its 3 billionth (that’s billion with a B) song. In doing so, it’s also passed both Amazon.com and Target in music sales, trailing only Wal-Mart (who else) and Best Buy.

Apple® today announced that more than three billion songs have been purchased and downloaded from the iTunes® Store (www.itunes.com). iTunes is the world’s most popular online music, TV and movie store featuring a catalog of over five million songs, 550 television shows and 500 movies. Source: Apple Press Release

We Say: It took years to reach the first billion, eleven months for the second, and about seven for the third. I see a trend.