Techno-News Blog

August 11, 2011

Apple’s iPod dilemma

Filed under: Uncategorized — admin @ 12:20 am

By David Goldman, @CNNMoneyTech

While Apple is setting records with its iPad and iPhone, the iPod is sinking fast. Apple sold just 7.5 million iPods in its most recent quarter. It was the lowest since the fall of 2005, when the iPod was just 4 years old. Unit sales fell 20% from a year ago and revenue from those sales dropped 15%. It’s still a lucrative business for Steve Jobs & Co., bringing in $1.3 billion in sales over the past three months. But sales have been in a free-fall for the past three years. For a product line that once delivered more revenue than the Mac line (in 2006) and reached more than $9 billion in sales (in 2008), the iPod’s glory days have passed Apple by.

http://money.cnn.com/2011/07/29/technology/apple_ipod_sales/index.htm?hpt=te_bn6

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