Apple Inc (AAPL)

[fmikehugo]

07:06 AAPL: Apple's iTunes to fall short on song sales -- WSJ (26.45 )

The Wall Street Journal reports that Apple said its iTunes Music Store has sold 50 mln songs since its debut, but the co expects to fall short of its 12-month forecast of selling 100 mln songs by the end of April. But with just weeks left until the end of April, Steve Jobs, Apple's chief executive, said Apple won't be able to sell 100 mln songs by then. "We're not going to make that number," he said in an interview. "At the rate we're at right now, we'll probably have sold 70 mln to 75 mln songs" by the end of April. According to the article, the online-music market is becoming increasingly crowded with new entrants like Wal-Mart, Sony and, later this year, Microsoft.