Munster: Apple working on more Wi-Fi enabled iPods | iLounge News

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Munster: Apple working on more Wi-Fi enabled iPods

In a recent research note, Piper Jaffray analyst Gene Munster said he believes Apple is working on more internet-enabled iPods in an effort to move the brand beyond the portable music player market. “We believe that the iPod touch is the first of several Internet-connected iPods that Apple is currently developing,” Munster said in the note. “With 70% market share, we believe Apple is in the driver’s seat in terms of transforming the portable music market into a portable computing market.” Munster’s comments in some ways reflect those made by Apple CFO Peter Oppenheimer during the company’s first quarter results conference call, in which the exec described the iPod touch as “the first mainstream Wi-Fi mobile platform.” Munster also reiterated his buy rating and $250 price target on shares of Apple’s stock (AAPL).

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Comments

1

If Munster means internet-capable classics and nanos, I can only imagine how heavy-handed browsing would be. The search feature, while useful, is not very efficient with a scroll wheel.

I would imagine that such internet capability would be limited to buying content directly from iTunes. All Apple would have to do would be to use the same text menu sytem for browing the store, with Top Songs/Albums/Shows/Movies added to the miex.

Posted by Tommy on January 30, 2008 at 11:22 AM (PDT)

2

with Apple you never know what’s next
could be as simple as that or something much more exciting

Posted by Luca on February 1, 2008 at 12:29 PM (PDT)

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