Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
iWatch May Ultimately Replace iPod, No iPod Updates Expected in 2014
A research note (via Barrons) from Christopher Caso, an analyst with Susquehanna Financial Group, reiterates previous analyst reporting about the iWatch, saying Apple is looking to enter production with a pair of screen sizes in the fourth quarter of 2014.
Caso says Apple has production targets of 5-6 million units, but believes the iWatch will "essentially replace the iPod in the consumer portion of AAPL's product lineup" and will see lowered iPod sales as a result of customers choosing the iWatch instead. The note says the iPod is not expected to be updated this year.
Apple CEO Tim Cook said earlier this year that the iPod "is a declining business", with sales dropping to under $5 billion in 2013, down from a peak of more than $8 billion in 2008. Apple's iPod lineup has not seen a significant update since Fall 2012, other than a minor color change to match the rest of Apple's portable offerings. The iPod Classic has not been updated in several years.
Apple has worked hard to have products at a variety of price points, from the $49 iPod Shuffle up to the 128GB iPad Air at $799, and then to the various Mac products.
Caso says Apple has production targets of 5-6 million units, but believes the iWatch will "essentially replace the iPod in the consumer portion of AAPL's product lineup" and will see lowered iPod sales as a result of customers choosing the iWatch instead. The note says the iPod is not expected to be updated this year.
Apple CEO Tim Cook said earlier this year that the iPod "is a declining business", with sales dropping to under $5 billion in 2013, down from a peak of more than $8 billion in 2008. Apple's iPod lineup has not seen a significant update since Fall 2012, other than a minor color change to match the rest of Apple's portable offerings. The iPod Classic has not been updated in several years.
Apple has worked hard to have products at a variety of price points, from the $49 iPod Shuffle up to the 128GB iPad Air at $799, and then to the various Mac products.
Buyer's Guide: Apple Watch (Caution)
[ 174 comments ]
Top Rated Comments
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69 months ago
but how will wrist sound get into my ear!?
Subdermal bone vibration implant. You will be assimilated. Resistance is futile.
69 months ago
iPod touch is way inferior compare to iPhone on the same generation.
They need to bump the specs and stop selling outdated hardware.
They need to bump the specs and stop selling outdated hardware.
69 months ago
Not when you have kids who can't afford data plans using iPod Touches for gaming.
69 months ago
$5 billion in sales is too little apparently.
Poor pitiful Apple. Only 5 billion. Oh the greed of it all:mad:. I see folks everyday using their iPods, especially in the gym. Most of my children (ranging from 33 to 43) and most of the grandchildren have iPods. I use my iPod Nano with my bluetooth headphones and wear my Polar fitness watch when working out. My wife uses her's in her car. I personally could not care less about the iWatch. I have some classy watches that I prefer over an electronic gizmo, no matter how revolutionary it may be. Just my opinion.
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