February 23, 2005

Projection: ITunes Downloads Could Hit 1 Billion Tunes a Year by 2006

Forbes reports this from research firm Piper Jaffray:

Piper Jaffray maintained an “outperform” rating and $100 target price on Apple Computer, saying the company’s iTunes music-download service could begin to have a “notable” earnings impact in calendar 2005 and 2006. “We are currently modeling for iTunes revenue to account for 3.6% of revenue in calendar 2006,” the research firm said. Piper Jaffray said iTunes downloads for calendar 2005 could reach 513 million versus the current estimate of 387 million, and 2006 iTunes downloads could reach 1.0 billion versus the current estimate of 542 million.

Most recent songs I’ve bought from iTunes (with links to the iTunes song sample):

• Disco Inferno, 50 Cent.
• Switch, Will Smith. This one’s really good.
• Help Me, Joni Mitchell. One of the all-time great pop songs.

• Bossa Per Due, Nicola Conte. I heard this playing on an iPod in the local Apple Store and immediately went home and downloaded it from iTunes.

  What was the last song you bought?

  02:40 PM • Blogroll The Big Picture! • Email This to a Friend
  
  Categories: Music
  
  

  Enter Your Comments Here:

  Your comments are welcome. Abusive remarks and trolls may be deleted. Opinions expressed do not necessarily reflect the views of The Big Picture.
  
  
  
  Enter a New Comment Here.
  Smileys

  
  
  

  Name:
  

  Email:
  

  URL:
  

  Remember my personal information

  Notify me of follow-up comments?

  
  

  This helps us keep spammers from commenting. Thanks for your help!
  Please submit the word you see below: