William Katz:  Urgent Agenda

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SHORT TAKES ON THE DRIFTING WRECKAGE – OVERNIGHT:

DEATH OF AN ICON – FROM THE NEW YORK POST:  Apple said Tuesday that it will discontinue sales of its iPod Touch, ending a two-decade run for the music device that was once a headlining part of its product lineup.  The tech giant said it would continue selling iPod Touch devices in its own stores and through verified resellers “while supplies last,” but would not produce more or unveil new versions.  The iPod gradually became obsolete as Apple added music streaming capabilities to its other devices and faced outside competitors, such as streaming platform Spotify and Amazon Music.  “Today, the spirit of iPod lives on,” said Greg Joswiak, Apple’s senior vice president of Worldwide Marketing.  “We’ve integrated an incredible music experience across all of our products, from the iPhone to the Apple Watch to HomePod mini, and across Mac, iPad, and Apple TV,” he added.  The original iPod changed the stereo equipment industry.  Kids got hooked on listening to music through headphones rather than speakers.  Many stores dedicated to stereo equipment, including some famous ones, went out of business.  Indeed, Lyric Hi-Fi in New York, possibly the most prestigious stereo store in the country, closed just last year.  The demand for full systems has declined substantially.

May 11, 2022