iTunes gets even stronger

Two years ago, Apple became the biggest retailer in the music industry, knocking Wal-Mart off its perch. Since then, there hasn’t been a lot of digging into how big the company has become.

Billboard’s latest figures, however, show that Apple’s market share in the music industry now stands at 26.7 percent. That’s over 5 points better than two years ago and more than double where it stood in 2007. Wal-Mart, meanwhile, is seeing its share of the market dwindle – falling from 15 percent to 12.5 percent. Best Buy came in third, with 8.7 percent.

Read more at Variety’s Technotainment blog

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