ipod
07/13/2005, 9:55am, EDT
Wednesday, July 13th
iPod sales, music player market "cooling?"
In an article published yesterday, The Financial Times asks, "just how long can the iPod keep playing that upbeat tune?" Investors and analysts are pondering just that question as Apple prepares to report fiscal third-quarter results after the market closes today. "There are a number of indicators that suggest the digital music player market is cooling.[...] Apple recently cut prices on two of its music player models, including the iPod, a move the company said would help it capture market share. Some observers believed the price cuts pointed to slowing demand." The report also notes that consumers can actually find iPods in stock at Apple retail stores -- "a far cry from the waits that customers faced just a few months ago."
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Chicken Little, the sky is not falling.