[opendtv] Digital music player market set to double in 2004
- From: Monty Solomon <monty@xxxxxxxxxx>
- To: opendtv@xxxxxxxxxxxxx
- Date: Sun, 25 Jul 2004 00:25:24 -0400
Digital music player market set to double in 2004
- Jul 21, 2004 11:40 AM (Reuters)
LONDON, July 21 (Reuters) - Gadget-loving music fans will
buy more than 10 million digital music players in 2004, in one
of the year's biggest consumer buying crazes, a study showed on
Wednesday.
The popularity of gadgets like Apple Computer's (NASDAQ:AAPL)
iPod, which can store thousands of songs in a pocket-sized
device, is propelling a spending spree in mobile music players
not seen since the early years of the Sony (TOKYO:6758) Walkman.
According to London-based research firm Informa Media,
consumers worldwide will buy 10.8 million next-generation
players in 2004, from cheaper flash-memory units to players
equipped with hard drives and massive memory, bringing the total
installed base to 21.5 million units by the end of the year.
In the short term, the spending will have mixed effects as
consumers fill the new devices with digital song versions from
their CD collection and mine the Internet for free MP3 songs
before buying music in any meaningful amount from download
services.
...
- http://finance.lycos.com/home/news/story.asp?story=42632069
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