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Apple is the producer of the world s most-sold MP3 Player, the iPod and launched the iTunes Music Store, a online music store, on April 28, 2003. The store was renamed to iTunes Store in 2006, as Apple began selling other media apart from music, such as feature-length movies. Since its launch the store has sold more than 3 billion songs.

At the moment songs are sold for £0.79 per song and £7.99 per album which after the price cut will on average be reduced to £0.74 and £7.48 to match the EU prices of €0.99 and €9.99, according to Times Online.

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