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September 20, 2000 (6:00 PM EDT)

MP3 Player Sales Rising, To Tune Of $1.25 Billion

MP3 Player Sales Rising, To Tune Of $1.25 Billion

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It's probably not what the recording industry had in mind when it took companies like MP3.com to court. Legal proceedings have helped spur consumer awareness of downloading music to the point that sales of digital music players supporting MP3 will soar to $1.25 billion by the end of 2002. That's up from $126 million last year, according to Cahners In-Stat Group, Scottsdale, Ariz. In 1999 there were only five manufacturers shipping the devices; today, there are more than 50.


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