“By the time guests arrived at a well-hyped product unveiling by Apple Computer Inc. on Oct. 26, the big news had leaked: U2’s Bono would be on hand to introduce a special black version of the iPod music player. But Apple Chief Executive Steven P. Jobs had other news: a new, slightly thicker, pricier iPod that not only plays music but also stores and displays digital photos. “We’re not standing still,” Jobs said,” Peter Burrows writes for BusinessWeek.
“That bodes well for a big iPod Christmas — and for Apple’s chances of maintaining its dominance for some time to come. Although they haven’t much dented the iPod’s appeal so far, a horde of rivals, including Dell, Sony, Virgin Electronics, and Samsung Group, will offer north of 100 iPod wannabes this holiday season. Moreover, Microsoft Corp. recently announced new technologies that allow most of these products to work with dozens of online music services that compete with Apple’s iTunes Music Store,” Burrows writes.
Burrows writes, “For now, Apple’s continued innovation — with its red-hot brand, expanding chain of retail stores, and a burgeoning market for add-ons — looks likely to lead to a long, prosperous run. Eventually, though, Jobs faces a tough choice: Should he keep the iPod’s proprietary system closed, or would Apple be better able to maintain its lead by licensing its technology to all comers?”
Full article here.