Is iTunes slowly dying?

  • Forrester Group recently presented the results of a 3 months study about digital music sells on Apple's iTunes, and the conclusions don't look that good for the Cupertino-based company.

    According to the cited statistics, since January this year the number of iTunes transactions made each month has slumped 58%, while the average size per purchase has registered a downfall of 17%, leading to a 65% overall drop in monthly iTunes revenue, U.S. market research group Forrester said in a survey among North American consumers.

    Read the complete story here. (Playfuls.com)

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