October 31, 2005
Apple Sells 1 Million Videos
Creating a new market worth $200 million in less than 20 days is pretty impressive. Especially since everyone that has tried downloadable videos before has failed. Go Apple go!
Topping the list of big sellers were music videos by Michael Jackson, Fatboy Slim and Kanye West, as well as episodes of ABC shows. "Selling one million videos in less than 20 days strongly suggests there is a market for legal downloads," Steve Jobs, Apple CEO, said in a statement. "Our next challenge is to broaden our content offerings."
