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iTunes New Music Releases

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Discover New Music

  • Jagged Little Pill (Acoustic)

    • 6 out of 10
    • Alanis Morissette
    • Ten years after the original release, comes the traditional celebratory acoustic re-recording. The album has held up remarkably well. While it is not as meaningful to me as it was when I was sixteen,
  • Supernature

    • 10 out of 10
    • Goldfrapp
    • On their latest CD, Supernature, Goldfrapp has put together a successful mix of 1980-era New Romanticism, German cabaret, and T. Rex glam that leaves you riveted even through the album's lulls. It's a great amalgam that sounds current without sounding at all dated.

  • Pretty Hate Machine

    • 8 out of 10
    • Nine Inch Nails
    • For years I wanted to make music that sounded like something between Love and Rockets and Ministry. In 1989, Trent Reznor beat me to it with this genre-defining album, and it smacked me upside the hea
  • Aretha Sings the Blues

    • 6 out of 10
    • Aretha Franklin
    • While she didn't always have the best taste in song selection, Aretha Franklin is a must-study for anyone with interest in the human voice. She has the kind of powerful, recklessly passionate deliv

  • How to Dismantle an Atomic Bomb

    • 6 out of 10
    • U2
    • U2's latest entry is a mostly underwhelming collection of songs that does very little to sound any different from its equally pedestrian predecessor, 2000's "All That You Can't Leave Behind." While

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Apple Reports Strong iPod, Music Sales

During its second quarter financial conference call, Apple announced that 50 percent of its quarterly revenue came from its music division, and increasing 79 percent compared to the same quarter last year. Apple reported US$4.36 billion in revenue for the quarter, the second highest in the company's history. iPod shipments are up 61 percent compared to last year, and the company has now sold over 50 million units.

Peter Oppenheimer, Apple's CFO, stated that the iTunes Music Store accounts for 87 percent of the legal music download market in the United States, and that the store now hosts over 2.9 million songs and over 70 different television programs.

The iPod market share is up, too, accounting for 78 percent of the portable music players sold. In December 2005, that number was at 71 percent.

Outside of the United States, the iPod is the top-selling MP3 player in the United Kingdom, Japan, Australia, and Canada. As far as Europe and Asia go, Apple is very optimistic about the potential for further market penetration.

Tim Cook, Apple's COO, comment during the earning conference call that it is increasing local advertising and point of distribution. "Since December in Germany," he said, "our share has improved by 10 points, up to 21 percent. And in France we gained four points up to 11 percent."

Despite strong iPod sales, Apple sees room for major growth in the MP3 player market. Based on sales of other consumer electronic devices, Mr. Oppenheimer noted, "The MP3 player market has a lot of room for growth. According to Forester research, U.S. household MP3 player penetration was less than one quarter that of digital cameras as of the end of 2005."

Looking forward, however, Apple is expecting iPod revenues may not be as high as investors would like next quarter as we see the full impact of reduced prices for the iPod shuffle, and the introduction of the 1GB iPod nano. Mr. Oppenheimer also noted that Apple is very excited about new music-related products in its product pipeline. He did not, however, offer any information about new product release dates.

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