Back in 2001 during a press event held on Apple’s campus, a new product was introduced - the iPod. On that October day, the iPod gained alot of positive press, as well as negative press. Some reporters even went as far as to saying the iPod would be a bigger failure than the Newton introduced several years prior. But only months away from its seventh birthday, we can all see what a success the iPod really was. As of March 2008, Apple had shipped 180 million of the popular music player.
However, there has been concern that iPod sales are going to be slowing with rapid rate. I’m sure you are aware that Apple recently launched its newest phone, the iPhone 3G, and they sold one million phones within a three day period. That number is incredible compared to how long it took Apple to sell its first million iPods. In my opinion, its only a matter of time before the iPhone starts to outsell the iPod. Every iPhone requires a minimum price of $70 a month. Oh, you want texting? Make that $90. So every iPhone costs $1880 over a two year period. Compared to a bunch of other phones with a two-year contract, its a deal.