Apple Now Third Biggest U.S. Music Retailer

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Apple has become the third largest music retailer in the U.S., besting Amazon in fourth, according to the latest quarterly survey by NPD Group.

Apple now has a 10 percent market share behind Wal-Mart (15.8 percent) and Best Buy (13.8).

Previously in fifth place, Apple leapt over Target and Amazon.

NPD said Apple benefitted from sales of iPods over the holidays, and a slowdown in CD sales. Year-on0year, CD sales are down by 20 percent in the first quarter, according ot Nielsen Soundscan.

Apple and Amazon are the only companies in the top 10 that sell digital downloads.

Reuters.

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About the author

Leander KahneyLeander Kahney is the editor and publisher of Cult of Mac, and author of three books about technology culture: Inside Steve’s Brain, the New York Times bestseller about Steve Jobs; Cult of Mac; and Cult of iPod. Leander has written for Wired, MacWeek, Scientific American, and The Guardian in London. Follow Leander on Twitter @lkahney and Facebook.

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