25 billion served up: iTunes reaches huge milestone
LOS ANGELES (AP) — The answer to the trivia question will be: "Monkey Drums (Goskel Vancin Remix) by Chase Buch." That's the 25 billionth song purchased on iTunes.
Apple announced the sales milestone in a news release Wednesday. The company says Phillip Lupke of Germany purchased and downloaded Buch's song and will receive an iTunes gift card worth 10,000 euros, or about $13, 500.
It took the Cupertino, Calif., company 12 years to reach the milestone. Customers download an average of 15,000 songs a minute on iTunes, which was launched in January 2001. The digital retailer's catalog is 26 million songs deep.
Apple announced the sales milestone in a news release Wednesday. The company says Phillip Lupke of Germany purchased and downloaded Buch's song and will receive an iTunes gift card worth 10,000 euros, or about $13, 500.
It took the Cupertino, Calif., company 12 years to reach the milestone. Customers download an average of 15,000 songs a minute on iTunes, which was launched in January 2001. The digital retailer's catalog is 26 million songs deep.
Still shorting Apple stocks.
 @RalphCramdenÂ
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Yep, I called that in August when they won that ridiculous patent suit against Samsung and the Stock hit $700...what is it now....$460? And, still $100 over-valued.Â
 @IcarusÂ
I made a lot of money in the ride up. Then I sold it all and am making a lot of money on the ride down.
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I am thinking that I will sell shortly. I am not one to wait till it hits bottom as one never knows where that is.