Google Music Store vs. iTunes

It has been reported that Google is in the works of creating a music download service by Christmas. Music labels are welcoming Google into the music industry since there has been concern about Apple's dominant position among music retailers. Currently, iTunes is the leading digital music seller in the U.S. and Apple accounted for 28% of all music purchased by U.S. consumers in the first quarter. Amazon.com and Wal-Mart have attempted to rival iTunes music store, but have remained far behind with 12% share each.

The first phase of Google's music service is expected to be a Web store where users can buy and download tracks. It will be tied directly to Google's search engine, so that people using Google.com to look for a particular group or song will be served a link to the company's music store.

Do you think Google music will be a threat iTunes?

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http://mashable.com/2010/09/06/google-music-service-launch/