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Apple Inc. has surpassed Wal-Mart to become America’s No. 1 music store, the first time that a seller of digital downloads has ever beaten the big CD retailers.
Video game companies and other software makers are selling more of their products as downloads rather than CDs.
Songs could be downloaded faster than movies or TV shows, both legally and illegally.
devices such as Apple’s iPod made songs easy to listen to anywhere.
It said it counted every 12 singles sold as one album, and that Apple probably received a boost during the two months by people cashing in iTunes gift cards – which Wal-Mart and other retailers also sell – received during the holiday season.
Apple launched iTunes in 2003, creating an online business model for a music industry that was struggling with plummeting CD sales and online piracy. In addition to selling albums, iTunes offered hundreds of thousands of individual songs for 99 cents each. That was ideal for customers who wanted to buy hot singles or old favorites without buying the whole album.
it reported $808 million in revenue for a category that includes iTunes store sales, a 27% jump from the same quarter the previous year.
Although Apple has given the music industry a new way to sell songs, it has become so powerful that music companies have sought to help create and fortify potential iTunes rivals.
In October 2008, Joe won an award for his flamboyant fashion at Los Premios MTV Latinoamérica 2008 in Guadalajara, Mexico for the "Fashionista - Male" of the year, an award given to artists recognizing their fashion and style.
. Joe has said that the rings symbolize "a promise to ourselves and to God that we'll stay pure 'till marriage,
. The brothers are all committed Evangelical Christians, their father is a former pastor, and they were homeschooled by their mother
In November 2008, it was reported that Jonas was dating 10,000 BC actress Camilla Belle. Jonas and Belle met on the set of the Jonas Brothers video for "Lovebug".
Apple, Inc. (NASDAQ: AAPL) moved down nearly 4%, probably based on the Nokia news. Since both PC and handset sales are weak, Apple has some real exposure.
Research from the music video game industry showed slow sales and Electronic Arts, Inc. (NASDAQ: ERTS) and Activision Blizzard, Inc. (NASDAQ: ATVI) took big tumbles.