updated 10:15 am EST, Wed November 24, 2004
iPod mini in Japan
Apple's iPod mini is still the --almost four months after its debut in July. Bloomberg says that Apple's success is frustrating Sony and predicts that 40 percent of the 1.5 million digital music players sold in Japan will come from Apple: "Apple's latest success is another setback for Sony, whose profit from consumer electronics has fallen in five of the past six years as Sharp and Matsushita Electric Industrial grabbed the digital initiative with flat-screen televisions and DVD players. 'Sony was the pioneer with the Walkman," said Alexander Shalash, who manages global technology stocks including Apple shares for Swissca Portfolio Management in Zurich. "This time they're late. There are no alternatives to the iPod right now.'"