Apple Number One Music Retailer In The U.S.: UrbanHustler.com:: Motivate, Inspire, Educate, Featuring Black Executives, Entrepreneurs, Celebrity, Business, Finance, Lifestyle and Technology News.

ALL ACHIEVEMENT, ALL EARNED RICHES, HAVE THEIR BEGINNING IN AN IDEA!

Apple Number One Music Retailer In The U.S.

By: Errol Mars

Apple Inc.'s iTunes music store has surpassed Wal-Mart to become the top music seller in the U.S.

Apple has ascended to the top of the charts, surpassing Wal-Mart for the first time ever, according to an NPD MusicWatch Survey.

According to Ars Technica;

The news was announced in an e-mail sent this afternoon to some Apple employees, a copy of which was seen by Ars Technica. It includes a screenshot of an Excel file showing the top ten music retailers in the US for January 2008, and Apple is at the top of the list. The iTunes Store leads the pack with 19 percent, Wal-Mart (which includes the brick-and-mortar stores as well as its online properties) is second with 15 percent, and Best Buy is third with 13 percent. Amazon is a distant fourth at 6 percent, trailed by the likes of Borders, Circuit City, and Barnes & Noble. Rhapsody is in the tenth slot with 1 percent.

This is a real exciting and scary time for the music business.

Oprah's Harpo Inc. is Black Enterprise Magazine's Company of the Year

Black Enterprise magazine has named Oprah Winfrey’s Harpo Inc. its 2008 BE100s Company of the Year.

Google Targets Africa

The search giant is betting that it can become synonymous with the Internet in Africa.

Jay-Z Closes $150 Million Live Nation Deal

Jay-Z has officially closed his $150 million 360 deal with Live Nation Inc., sources report.

Magic Johnson's Canyon-Johnson Closes New $1 Billion Canyon-Johnson Urban Fund III

The Canyon-Johnson Urban Fund, a partnership of Canyon Capital Realty Advisors and Earvin “Magic” Johnson, today announced the closing of its $1 billion Canyon-Johnson Urban Fund III.