Despite a lack of hints from the company, we believe it is useful to hypothesize on new initiatives Apple may have in the works and take a look at which initiatives, if any, make sense for the company, ... We believe Apple has a foundation in place to be the hub for consumer digital media.
More Quotes from Gene Munster:
Apple already has a huge market share (for MP3 players), and this is just going to make it grow higher,Gene Munster
The only other company that has cheaper products out there is Creative. So not only are Apple products the best, now they're also the cheapest, which makes it impossible for others to compete.
Gene Munster
The mass market still is entrenched in a non-MP3 world. Until that changes, there's just too few iPods out there to move the needle for the overall music industry.
Gene Munster
About 90 percent of the music store's success has to do with the devices that it works with.
Gene Munster
Apparently I'm not the only one. Wal-Mart's entrance into digital-music downloads is kind of comical, ... The typical Wal-Mart user isn't tech-savvy.
Gene Munster
Customers are basically doing back flips over this thing. People see the ads and they see it on the Web, but until they actually have one in there hand they just don't get it.
Gene Munster
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