Rest in Peace, iPod

Apple iPod of Cupertino, Calif., died quietly this week after a lengthy bout of dance-infused music playing. iPod, 12, was surrounded by family members Apple iPhone and Apple iPad, when its sales quietly slipped away …

OK, OK, the iPod is not, in fact dead (at least not yet), but make no mistake, the world’s classiest and best MP3 player — the one that built an entire industry — is rapidly fading into oblivion. Even iPod’s parent (company), Apple can’t deny the obvious.

In its 2014 Q1 earnings call held earlier this week, Apple revealed that its revenues would take a $2 billion dollar hit thanks to a number of factors that include a strong U.S. dollar, channel inventory issues and a tumbling iPod business. Apple CFO Peter Oppenheimer said sales on iPods declined by more than half and that “they will continue to decline year-over-year” in the next quarter. Read more...