Monday, August 22, 2005

Digital music king may lose crown

Today, Apple commands 80 percent of the MP3 player market and 75 percent of online music sales. But even as analysts predict another massive holiday sales season for the company this year, many believe Apple's reign will last only another 12-18 months before the playing field levels out.

"It's inevitable that over time their market share declines," Piper Jaffray senior research analyst Gene Munster says. "It's safe to say that nobody can sustain an 80 percent market share in a consumer electronics business for more than two or three years. It's pretty much impossible."

[Click item title to read the full article at cnn.com]
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