Reuters reports that Apple has sold more than 500 million songs through iTunes.
The success of iTunes and the impact of file serving software has killed hundreds if not thousands of inpependent music stores and put some significant retail chains at risk.
The iTunes success is a business case which players in channels through which ‘soft’ product is sold (like newsagencies) ought to research. Too many in the newsagent channel have their head in a bucket of sand and ignoring the success of iTunes and the changes in mobile access space will only serve to limit the life of their businesses.