Is it time for an iPod IPO?

Apple would profit nicely from spinning out its digital music biz now—before the market gets”commoditized, which it will be for sure. […]

All of this makes Apple a force to be reckoned with in the music business.

In fact, its musical offerings have almost single-handedly driven Apple’s stock within striking distance of $30 (it was trading around $26 as of May 4). […]

For Apple, the best move right now is to spin out iPod and pocket the cash, because Wall Street’s current euphoria marks the market’s peak.

Although Apple would be loath to admit it, digital music players are on the verge of commoditization.”