Kids don't like CDs: iTunes Store now #2 music retailer

iTunes has officially eclipsed Best Buy in music sales and now comes in as the number two music retailer in the world. That's not just digital music either—that's all music, including CD sales. iTunes now sits just behind Wal-Mart, according to new data from the NPD Group that accounts for the amount of music sold during 2007. The trend shows once again that digital music sales are exploding at the expense of physical CDs, but the increase has yet to offset the decline in physical media sales.