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Apple announced today that iTunes has become the 2nd largest music retailer trailing Wal-Mart.  Apple states over 4 billion songs have been sold through the service and love to toss around the 20 million served up on Christmas Day 2007.  Apple bases its data on an NPD report.

Apple says it has captured 50 million iTunes users, which if my math is correct, means an average of 80 songs per customer.  Does that sound right to you?  I’ve got more than that.

Can anyone not see a day when iTunes passes Wal-Mart?  Clearly Apple is dominating in online music sales thanks to their players and the ease of use that is the iTunes experience.  With no independent music store pressure, Apple is reaping the benefits of a virtual monopoly.

Site [iTunes]