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March 17, 2004

Apple won’t reach 100 million music download sales mark

music — by TDavid @ 2:53 pm PST
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The Register:

Apple has admitted that it will fall rather short of its first-year iTunes Music Store 100 million song sales target. “We’re not going to make that number,” CEO Steve Jobs told The Wall Street Journal this week. “At the rate we’re at right now we’ll probably have sold 70-75 million songs by the end of April.”

By doing the math one can calculate that this is far short of the one million download day at Windows launch. There still is a crowd out there who refuses to embrace the purchase of music online. I think this has a lot to do with the quality of the downloads. If you can go out and buy a CD and rip it to 320k or higher bit rate, why is it you should buy all the tracks and have to settle for 128 or 160 bit rate?

Improve the quality and I think more people will do music business online. Heck, throw up the masters and let folks mix their own versions of popular song. Encourage creativity with the masses. Why not?

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