“Driven by demand for digital televisions and MP3 players, U.S. consumer electronics sales are expected to grow to a record $135.4 billion in 2006, an industry group said on Tuesday,” Reuters reports. “Wholesale sales of consumer electronics will grow about 8 percent this year, slightly slower than last year’s 11 percent rise, according to the Consumer Electronics Association’s annual industry forecast, released just ahead of the start of the annual Consumer Electronics Show, the world’s largest consumer technology tradeshow.”
Reuters reports that along with Digital TVs, “new gaming consoles, gaming software, wireless handsets and MP3 players with video playback capability, like Apple Computer Inc.’s iPod, will also spark consumers interest, CEA said. Indeed, MP3 players sales are seen climbing to $4.5 billion in 2006, with 30 percent of all MP3 players sold having video playback capability.”
Full article here.
80% of $4.5 billion is $3.6 billion. Apple holds around that percentage of the U.S. market. In addition, it’s estimated that approximately 8% of U.S. households currently own iPods and 5% own Macs. Apple’s headroom is virtually limitless.
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In other news, by sheer coincidence Melinda Gates’ change purse contains the same amount. It came with its own forklift and driver.
She wishes she has that much money in her purse. Bill Gates is only worth about 50 Billion dollars, now that Microsoft stock has lost a lot of value.
maybe even less now.
poor bill gates. he’s “only” worth 50 billion dollars.
there’s a lot of room to grow at least as far as ipod sales are conerned.
The digital music format is the final resting place for portable music. The portable music player is where it ends. How much more protable can the next pahse be?
From reel to reel>vinyl>8 tracks> cassetts>cd’s>MP3
what could be better than 6 thousand songs on
on a device that fits in your pocket?
This is it, now it’s a matter of features and ease of use. Apple timed this perfectly, they are so dug in with the iPod it’s great.
What’s next? Well I can play all those songs in my head, no device necessary. Implant a chip that connects to your nerves that transmit sounds.
Welcome to the Borg age of 2020
Thank you, Eric24601 ! ! !
“Only worth about 50 billion dollars” has to be the funniest line I’ve read in these threads in a long time! I can almost hear the crown prince of Dubai snickering.
Here are some more “onlys”:
• Jupiter is only 1.90 X 1027 KG or 317.9 Earths!
• Taipei 101 Tower is only 20,040 inches high!
• The annual GDP of Chile is only about $169 billion dollars! (Bill would have to finance that purchase.)
Please put on protective eyewear when mixing irony with hyperbole!
Indeed, MP3 players sales are seen climbing to $4.5 billion in 2006, with 30 percent of all MP3 players sold having video playback capability.”
Something really wrong with that observation.
During Fiscal Year 2005 iPods generated $4.5 Billion in revenue. We don’t have calender 2005 numbers yet, but certainly they will be higher.
I’m forecasting $10.8 Billion in iPod revenue for fiscal 2006.
i have 80 billion dollars in change lying around in my house; under the coach cushions, under the sofa, in different bottles and change holders…but not in my wallet as u assume melinda gates has in her purse.