Today in Apple history: iTunes becomes No. 2 music retailer in U.S.

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iTunespic
iTunes was going from strength to strength.
Photo: Apple

February 26: Today in Apple history: iTunes becomes No. 2 music retailer in U.S. February 26, 2008: Less than five years after launching, the iTunes Music Store becomes the No. 2 music retailer in the United States, second only to Wal-Mart.

In that relatively short period, iTunes sells more than 4 billion songs to more than 50 million customers. The rapid rise to prominence stands as a massive achievement for Apple — and for the revolutionary digital distribution model Cupertino helped pioneer.

Walmart set to become a bigger online retailer than Apple

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money
But that's not because Apple's not making major bank!
Photo: Ste Smith/Cult of Mac

Walmart will overtake Apple to become the third largest e-commerce retailer in the United States over the holiday season, analysts at eMarketer predict.

According to the firm, Amazon will remain in dominant position as the number one retailer, accounting for a massive 48 percent of online retail spending. Amazon is followed by eBay, with a projected 7.2 percent of the market, followed by Walmart, and then Apple.

Walmart horns in on the $1.1 billion e-book market

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A Walmart eBooks iOS app just launched, hoping to take on the established leaders in the market.
A Walmart eBooks iOS app just launched, hoping to take on the established leaders in the market, Amazon and Apple Books.
Photo: Walmart

While brick-and-mortar bookstores have almost disappeared, the number of e-book stores grew today with Walmart throwing its hat into the ring.

This is clearly an attempt to take on arch-rival Amazon in yet another market, but Apple Books is caught in the middle too.

Apple drops a spot in Fortune 500 rankings

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Big pile of cash underneath an Apple logo.
Apple's revenues need to get bigger if it wants to rise in the rankings.
Photo: Ste Smith/Cult of Mac

Despite closing in on becoming the country’s first trillion dollar company, Apple took a small drop in the annual Fortune 500 rankings.

The rankings released this morning put Apple in the number 4 spot as ExxonMobile leapfrogged the iPhone-maker and Berkshire Hathaway to claim the number 2 spot.

Roku’s new 4K streamer kills Apple TV on price

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Roku
Roku is dominating the streaming wars.
Photo: Roku

Apple’s plan to dominate the 4K TV streaming market is up against some tough competition from the top company in the game.

Fresh off its IPO, Roku revealed its brand new lineup of streaming dongles today and while they may not pack as much processing power as the new Apple TV 4K, they have one killer feature that will lure in tons of buyers: a cheap price tag.

Star Wars characters storm Apple Stores via AR

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Star Wars
Head to your local Apple Store to find AR Star Wars characters.

Popular Star Wars characters will pop up in Apple stores and other retail outlets around the world next week in a promotional event powered by augmented reality. Apple and Disney teamed up for the Star Wars promo, which coincides with the release of new toys for the upcoming movie Star Wars: The Last Jedi.

Walmart’s new Vudu app for Apple TV has landed

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Vudu Apple TV
Vudu has 4,000 movies for free, and access to your UltraViolet library.
Photo: Vudu

Walmart’s new Vudu app for Apple TV is now available to download from the tvOS App Store.

It provides access to over 100,000 movies and TV shows, and lets you stream your UltraViolet Blu-rays at no extra cost — providing they’re in the Vudu library. But it comes with some annoying limitations.

Apple plans to fight climate change despite Trump agenda

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One of Apple's many solar farms.
One of Apple's many solar farms.
Photo: Apple

While President Donald Trump gets busy gutting the Environmental Protection Agency, many of America’s largest companies plan to fight climate change without his help, including Apple.

During the reign of Tim Cook, Apple has made renewable energy and going green one of its top priorities. According to a new report, that won’t change now that there’s a new administration in the White House.

Target thumbs its nose at Apple Pay

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Apple Pay on Mac
You can still use Apple Pay on Target's online store.
Photo: Ste Smith

Target shoppers will have to keep dreaming of the day they’ll be able to pay with their iPhones.

After rumors spread on social media over the weekend that Target planned to finally add Apple Pay to its checkout counters, the company came out with an official statement today saying it doesn’t plan to embrace Apple’s contactless payments anytime soon.