Wednesday, January 30, 2008

Wi-Fi enabled iPods

If you think iPod is the coolest thing that you ever hand, well, you are right. But that's not all. Apple is looking at the possibility of introducing wi-fi enabled iPods in the near future.

Piper Jaffray's Gene Munster has this to say:
With the iPod user base as its foundation, Apple is establishing a Wi-Fi mobile platform that we believe will spark continued growth in the iPod segment


Apple's Chief Finance Officer Peter Oppenheimer confessed that iPod sales had been less than spectacular. The company registered only 5 percent growth in overall unit sales, the slowest year-over-year rate in the product's history.

This had pundits, analysts and shareholders nervous given that the device has historically been seen as a prime indicator of Apple's overall health. But as others were quick to point out, while iPod sales slowed down, iPod revenue for the quarter actually did quite well, growing 17 percent over the year-ago quarter.

Most agreed this meant that more and more people were opting for the more expensive iPod models like the touch instead of the nano and shuffle.

During the earnings call, executives even recast the iPod touch as potentially "the first mainstream Wi-Fi mobile platform, running all kinds of mobile applications," marking the first time Apple has labeled the touch as anything more than a high end iPod.

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