Apple Computer has unveiled a new portable electronic device that can store 1000 songs in MP3 format and allow people to listen to digital music files away from their PC.
The iPod device can be synched with the computer using a high-speed cable connection that allows consumers to download music into a portable system. iPod is about the size of a deck of cards and weighs 6.5 ounces.
Apple chief executive Steve Jobs said in a statement: "With iPod, Apple has invented a whole new category of digital music player that lets you put your entire music collection in your pocket and listen to it wherever you go."
The device comes equipped with a compact FireWire-based power adapter, and a 5Gb hard drive doubles as a portable FireWire hard drive for storing presentations, large documents, graphics and digital movies, according to Apple.
"This will be a slow quarter for every vendor and having something that will get people into stores at a price they can afford is critical to holding revenue," said Rob Enderle, an analyst at Giga Information Group.
He added that, because this is arguably the best product in the segment, there will be a clear move by early adopters to have it first, and someone is going to create a hack to get it to work with Windows.
"In short, I doubt they will be able to build enough of these to satisfy demand this quarter. There are a number of vendors planning on bringing similar devices to market shortly. Long-term should be more interesting," explained Enderle.
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