Apple’s iPod rides into the sunset

Over the holidays, Apple’s iPad and iPhone sold better than they’ve ever sold before: 51 million iPhones and 26 million iPads in a single quarter. The lowly iPod, however, didn’t do nearly as well. The company moved just six million of the trademark MP3 players, a 52 percent decline compared to the same period last year. All told, iPod accounted for just $ 973 million of the company’s record $ 57.6 billion revenue last quarter. While some would probably be happy to claim they ran a slightly-less-than-a-billion-dollar business, it’s getting pretty small for a company the size of Apple. You might even call it a hobby — if not now, then by this time next year.

What happened to the iPod? Simple cannibalization, for one: every one…

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