Analyst: More storage for iPod shuffle, color screen iPod mini, but no ‘iPod video’ this year
Thursday, August 04, 2005 - 11:42 AM EDT"A higher capacity iPod shuffle and color screen iPod mini are both likely to be introduced this year, though a video iPod isn’t expected before the end of 2005, according to one Wall Street analyst. In a research note obtained by iLounge, Piper Jaffray senior analyst Gene Munster offered an overview of potential new Apple products, including his speculation on the future iPod line," Larry Angell reports for iLounge.
Munster's note stated in part, "While speculation regarding the launch of a video iPod within the next 2-3 quarters is growing, we do not expect a video iPod within the next 12 months. Based on comments from the company regarding the portable media center market and the current lack of significant consumer interest for feature film downloading, we believe Apple will wait at least 12 months—until the market is ready for such a product."
Full article here.
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Apple has the ability to create the vPod. They have many products designed and ready for release. Why or they waiting? Because like Gene Munster said- "current lack of significant consumer interest for feature film downloading, we believe Apple will wait at least 12 months—until the market is ready for such a product." 
video blogging could change that... as well as music videos... remember those star wars shorts on the cartoon network... similar stuff could be a good reason for apple to jump on this... and those BMW movies... 12 months seems a long time to wait for something like this... and hey, what about movie trailers?