Music Sector Hoping on New iPhone

Written by Nick on May 4, 2008

With the iPhone set to get a new version the music industry is hoping that the move by Apple to boost their online music sales. Most music is copied from computers after they are purchased from online stores and only a small percentage is acquired from direct online downloads. The newer version of the Apple iPhone is packed with 3G capabilities which is going to give it a more power in terms of connection and browsing the internet. A large majority of iPhone owners, 75% have shown that they use their iPhones to listen to music as an MP3 player. Having the capability to use 3G services will allow access on the new iPhone allowing direct purchasing of songs and videos directly from online sites.
There is no definite or official announcement of when the product is set to be released but sources say it would be more likely to come in early June. Older iPhones do have built-in capabilities such as WiFi. WiFi does not offer the high speed connections needed for phone downloads and suffers from coverage limitations. The iPhone represents only around 1% of the total number of all mobiles in use and the release of the newer version is set to give the series a boost in terms of connectivity options. They also suffer from competition from Blackberries which they have countered with their offering compatibility to Windows applications. Smart phones and other mobile phones form the bulk of the communications hardware and these companies are after the same market, Verizon has been delayed in offering their music with their tie-up with Rhapsody due to their decision to offer the service to most of the available market, which simply translates to more cellular phones that can be supported and access their music sharing service.

Tags: 3G Capable iPod, Apple Inc, iPhone

Categories: Mobile Phones, Music, Providers, Videos

Apple TV - Bust…..?

Written by Nick on April 16, 2008

The company has been trying to move into the entertainment theater for quite sometime and they have managed to flop at each and every try. Why, their Apple TV venture is still struggling to make a profit with many customers expressing their opinions with the system’s lack of competitive and interesting content. The company has been trying to push streaming video and other content through the system but the amount of acceptable content has failed way below their promised mark. Many media giants have expressed interest but are still holding back as they try to see what the futuristic TV system that is hooked up to the internet rather than to a cable system is faring out.
Even the company’s CEO Steve Jobs is calling their company’s venture into Apple TV a hobby rather than a major money earning venture as they have invested much into the project with little returns in terms of profit. The promise of distributing content for the iPhone and iPod’s series of multi-media players has indeed perked up the area but still, major profits remain to be gained.
Apple, though it is quite a median player in the PC and portable markets with their Mac’s and Mac Books is recognized by many in the technology business as one of the most performing companies in terms of stock per stock value which is worth around $15.4 billion dollars with $5 billion added in the past year alone according to Fortune. The company continues to reign supreme with their iPod’s and iPhone which are some of the most wanted gizmos and gadgets on earth as far as multimedia is concerned. As more and more cheaper gadgets with similar capabilities come onto the market, the reign of the multimedia giant would be challenged a lot but not as much.