Why the iPod is doomed
By Portfolio.com
Take a deep breath, Macaholics. Think different.
The more a company succeeds with a business model, the harder it is to anticipate its successor. And Apple has been reluctant to move its digital music franchise to 'the cloud.'
Apple (AAPL, news, msgs) might be the envy of the technology world, yet in its core business of music -- iTunes and those beloved iPods -- the company is veering toward trouble.
Sooner than you think, the iPod as we know it will seem as nutty as a no-down-payment balloon mortgage.
For generations, consumers have wanted to own their music -- vinyl, cassettes, CDs and 99-cent downloads. But today, the economy seems stuck in a death spiral, just in time for a sure-to-be-dismal holiday shopping season, and that malaise will nudge consumers toward a massive shift in mind-set.
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Hauling around thousands of songs on a handheld device or computer hard drive just so you can listen to your favorites will soon feel overly extravagant and cumbersome, like keeping a cow so you can eat your favorite cheese.
Instead, we'll get music from "the cloud" -- technically, "somewhere on the Internet, but who cares where, as long as it shows up when I press this button."
We'll have access to a service that holds every song ever recorded, letting us listen to anything, anytime, from any device. Pocket-size gadgets will connect to high-speed cellular, WiFi and satellites linking to the cloud -- to your music -- at home, at work, on overseas flights. "
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Why the iPod is doomed - MSN Money