Taipei department store sells out of Nanos
updated 03:30 pm EDT, Wed September 28, 2005
Nanos snatched up
The Shin Kong Mitsukoshi Department Store in the Xinyi District of Taipei, Taiwan . The iPods went on sale at 3:30 p.m. last Sunday morning, after people began forming lines as early as 9:00 a.m. Simon Yang, an analyst at the Topology Research Institute said: "affordable pricing combined with large storage is the main attraction of the gadget. iPod nano is a breakthrough in MP3 players as it comes in such a compact size yet offers huge storage," according to a report from the Taipei Times. Yang said iPod fever is expected to sweep through Taiwan's market over the next two years, driven by the product's exquisite looks, user-friendly interface, mini size and large storage. Hot sales of the iPod may force other similar gadgets that offer only 256MB or 512MB of storage to become entry-level products, according to the report. Unless vendors selling these items slash prices to below NT$1,000 from the current NT$2,000 to appeal to buyers who are price-conscious, they will find it hard to survive, Yang said.
