Ronka
18-07-2005, 20:11
Apple hits 500 millionth iTunes sale
Video iPod reportedly in the works for fall release
By Rex Crum, MarketWatch
Last Update: 1:02 PM ET July 18, 2005
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SAN FRANCISCO (MarketWatch) -- As Apple Computer Inc. on Monday touted the sale of the 500 millionth song by its iTunes music store, reports emerged that the company could be close to adding video features to iTunes and its iPod music players.
Apple (AAPL: news, chart, profile) said the half-billionth iTunes purchase was made Sunday. To mark the occasion, Apple gave the purchaser 10 iPods, an iTunes gift card for 10,000 songs, and an all-expense-paid trip for four to see the band Coldplay in concert.
The growth of iTunes over its two-year history underscores Apple's dominance in the online music market. When Apple reported its third-quarter results July 13, the company cited data from Nielsen Soundscan that gave the company 80% of the market for legally downloaded songs.
Apple also said the latest reports from NPD Techworld gave its iPod 75% of the market for MP3 players, and the company posted iPod sales of $1.1 billion for its third quarter. With the iPod offering music and photo capabilities, speculation has grown that Apple could be on the verge on releasing a video-playing version of the iPod.
The Wall Street Journal reported that Apple has held discussions with the major recording companies about selling music videos through the iTunes music store. Such a move would necessitate the release of a new iPod that plays videos.
Apple, which is famously tight-lipped about its product plans, recently streamlined its iPod line to include two versions of its traditional white model, as well as its iPod minis, iPod shuffles and U2 iPod.
Analysts have said that Apple's iPod probably has about six months of growth ahead of it before the MP3 market begins to show signs of maturity and reaches a plateau. The company, according to those analysts, will need a new hit product by early next year.
Some speculation has grown that Apple could release a video iPod in September. If it did, the move would follow a similar one in the fall of 2004, when Apple hosted Bono and the Edge of the rock band U2 at an event launching the U2 iPod and iPod Photo players.
Apple shares were up 25 cents to $41.71 in afternoon trading Monday.
http://www.marketwatch.com/news/story.asp?guid=%7BEFED7AC0-9527-43F1-A9BE-0DC3F7C89D4A%7D&siteid=google
i hope the size of the player will be the same as Ipod Photo, but with bigger screen, ipod design has plenty of wasted spaces, apple just made the screens very tiny in the ipod model, especially in their ipod mini.
So lets hope for VGA screen from them
Video iPod reportedly in the works for fall release
By Rex Crum, MarketWatch
Last Update: 1:02 PM ET July 18, 2005
E-mail it | Print | Alert | Reprint |
SAN FRANCISCO (MarketWatch) -- As Apple Computer Inc. on Monday touted the sale of the 500 millionth song by its iTunes music store, reports emerged that the company could be close to adding video features to iTunes and its iPod music players.
Apple (AAPL: news, chart, profile) said the half-billionth iTunes purchase was made Sunday. To mark the occasion, Apple gave the purchaser 10 iPods, an iTunes gift card for 10,000 songs, and an all-expense-paid trip for four to see the band Coldplay in concert.
The growth of iTunes over its two-year history underscores Apple's dominance in the online music market. When Apple reported its third-quarter results July 13, the company cited data from Nielsen Soundscan that gave the company 80% of the market for legally downloaded songs.
Apple also said the latest reports from NPD Techworld gave its iPod 75% of the market for MP3 players, and the company posted iPod sales of $1.1 billion for its third quarter. With the iPod offering music and photo capabilities, speculation has grown that Apple could be on the verge on releasing a video-playing version of the iPod.
The Wall Street Journal reported that Apple has held discussions with the major recording companies about selling music videos through the iTunes music store. Such a move would necessitate the release of a new iPod that plays videos.
Apple, which is famously tight-lipped about its product plans, recently streamlined its iPod line to include two versions of its traditional white model, as well as its iPod minis, iPod shuffles and U2 iPod.
Analysts have said that Apple's iPod probably has about six months of growth ahead of it before the MP3 market begins to show signs of maturity and reaches a plateau. The company, according to those analysts, will need a new hit product by early next year.
Some speculation has grown that Apple could release a video iPod in September. If it did, the move would follow a similar one in the fall of 2004, when Apple hosted Bono and the Edge of the rock band U2 at an event launching the U2 iPod and iPod Photo players.
Apple shares were up 25 cents to $41.71 in afternoon trading Monday.
http://www.marketwatch.com/news/story.asp?guid=%7BEFED7AC0-9527-43F1-A9BE-0DC3F7C89D4A%7D&siteid=google
i hope the size of the player will be the same as Ipod Photo, but with bigger screen, ipod design has plenty of wasted spaces, apple just made the screens very tiny in the ipod model, especially in their ipod mini.
So lets hope for VGA screen from them