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Rainbow debuted at number 2 on the U.S. Billboard 200 chart with 323,000 copies sold, the highest first-week sales of Carey's career at that time.[5] In its debut week it was kept off the top spot by Rage Against the Machine's Battle of Los Angeles. The second week Rainbow stayed at number 2 selling another 228,000 copies, this time blocked by Faith Hill's Breathe. The album stayed in the top twenty for ten weeks and on the chart for thirty-five, making one re-entry. The album's weekly sales peaked at 369,000 copies in its eighth week (when it was at number 9). In total the album has sold 2,946,000 copies in the US and was eventually it was certified 3x Platinum by the RIAA.[6] Although a commercial success, it was Carey's first studio album since Emotions (1991) not to reach number 1 in the U.S.
Rainbow was certified platinum in Europe by the IFPI for sales in excess of 2 million copies.[7] Estimated sales in France stand at 675,300.[8] Estimated sales in Canada stand at 300,000[9]
In 2008, "How Much" appeared in Carey's compilation The Ballads, even though this song was never released as a single