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Saturday, October 23, 2010

The iPod Just Turned 9 Years Old (AAPL)

ipod-evolution-slide.jpgApple's iPod just celebrated its ninth birthday.


On Oct. 23, 2001, Apple CEO Steve Jobs introduced a device that promised "1,000 songs in your pocket" for $400.


Since then, the iPod has grown in capacity by more than 25 times, has gotten color touchscreens and camcorders, has become a portable Internet device, and has taken center stage in a mobile gaming revolution.


The iPod could arguably be the most important product in Apple's entire history. Over the last 9 years, Apple has made the iPod one of the biggest consumer electronics hits of all time, pushing out more than a dozen new models and selling hundreds of millions of units.


The iPod saved Apple financially, gave the Mac a big momentum boost over the past few years, and helped inspire and finance the iPhone and iPad, Apple's current growth stories.

Click here to flip through the iPod's amazing evolution ?

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Full story at http://feedproxy.google.com/~r/businessinsider/~3/INRVWlMbi8g/ipod-turns-9-2010-10

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