Apple’s iTunes Store Turns 10 In Triumph, But Faces Uncertainty

Image representing Steve Jobs as depicted in C...

Steve Jobs: The father of Apple's iTunes.



Apple‘s iTunes Store celebrated its 10th birthday yesterday, and what a decade it’s been. Within five years

of launch, iTunes was the top music retailer in the U.S.; last quarter alone, the store moved $2.4 billion in music, movies, apps and books.


That’s more than Universal Music Group paid to buy EMI Music last year–and an excellent illustration of how quickly the tables have turned in an industry still undergoing rapid reinvention.


But if Apple isn’t c...

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Published on April 29, 2013 13:31
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Zack O'Malley Greenburg's Blog

Zack O'Malley Greenburg
Zack O'Malley Greenburg—a Jay-Z biographer and former Forbes editor—writes on the intersection of music, media and money. ...more
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