Apple on Track to Sell One-Fourth of Music Worldwide by 2012

Since its debut five years ago Monday, Apple’s iTunes Store has sold more than 4 billion songs and accounts for approximately 70 percent of digital music sold worldwide, Wired reports.

But according to a new study from InStat, it’s projected that Apple will account for a stunning 28 percent of all music sold globally by 2012. That’s not small change, either, since the firm also predicts 40 percent of music sold will be of the digital variety.

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