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News   - 08/29/2005

Rio MP3-players maker is out of business!

In the latest sign that the iPod is overpowering rivals, Japanese electronics maker D&M Holdings said last Friday it would close the portable digital music player division behind the Rio brand.

Less competition for iPods and Apple as well?

FT goes on:

"iPod sales have continued to surpass even the most optimistic expectations on Wall Street, as consumers flock to Apple Stores to snap up iPods, iPod Minis and iPod Shuffles. Apple, which has shipped almost 22m units since introducing the iPod in 2001, controls about 75 per cent of the US market."

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