///iTunes is On the Way Out?

iTunes is On the Way Out?

Is it just a bad second half of the year, or is iTunes run over? According to Blomberg, sales are declining. The news comes as I just opened up a delightful $25 gift card to grab new songs this Christmas. Interesting!

Apple Computer Inc.’s iTunes music store suffered a 65 percent slump in sales during the first six months of the year, reversing almost two years of gains, according to a Forrester Research Inc. report.

The number of iTunes transactions declined 58 percent between January and June of this year, while transaction size fell 17 percent, the Cambridge, Massachusetts-based market- research firm said today. ITunes spokesman Tom Neumayr said the report is “simply incorrect.”

“ITunes won’t save the music business, or Apple,” analyst Josh Bernoff wrote in the report.

JG

By | 2014-09-06T07:34:37+00:00 September 6th, 2014|Uncategorized|0 Comments

About the Author:

Josh Griffin is one of the leading voices in youth ministry with over 20 years experience in the trenches, most recently as the High School Pastor at Saddleback Church. He’s the co-founder of DownloadYouthMinistry.com and been in 300+ episodes of the DYM Podcast with Doug Fields. He’s created more than 50 youth ministry resources and authored several books including 99 Thoughts for Small Group Leaders. Josh and his wife Angela have 4 kids, which now includes 2 teenagers of their own! Contact Josh | Speaking Requests

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