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About this site

For six years, the Internet Nexus served as my technology blog, but I've since started blogging at the SuperSite Blog instead. If you're looking for the blog, please head there. --Paul

Tuesday, June 01, 2004

Rock On, iPod

Business Week: " It has been 2 1/2 years since Apple Computer introduced its iPod digital music player, and consumers' love affair with the sleek little gizmo just keeps gaining steam. Despite the iPod's hefty price tag -- $249 to $499 -- Apple has sold 3 million of them, making it far and away the most popular music player on the market ... Its iTunes online music store accounts for 70% of all legal downloads ... In tech circles, soaring success often masks future troubles. Look no further than Apple's own history: In 1980, it dominated PCs with a 16% share -- but it badly misplayed its hand and now has less than 2%. Just as when Apple ruled the PC market, these are early days for digital music. 'We haven't even seen the big players make their mark in this market yet -- like Microsoft and Wal-Mart Stores,' says David Munns, CEO of music company EMI Recorded Music North America. What should Apple do to stay on top? Plenty. For starters, it needs to embrace the new ways consumers want to buy music. While the iTunes store offers 99 cents downloads, Apple has yet to provide a subscription service for folks who want to listen to whatever they want for a monthly fee."

I had to do a double take to make sure I hadn't written this article. Nope, it's just a copy of what I've been saying (and writing about) for months. Interesting.

[ Posted at 11:06 AM | Permalink ]