MP3, iPod sales facing “irreversible slump”December 28, 2012 - 21:35 AMT PanARMENIAN.Net - MP3 sales are in a state of irreversible decline, new research has suggested. Sales of MP3 players, including the iPod, fell by more than a fifth in 2012, earning £381 million compared to £491 million in 2011. Research company Mintel believes that the MP3 player will be worth just £25 million in the UK by 2017, Digital Spy reported citing The Daily Telegraph. The decline of the MP3 player is attributed to the rise of multi-functioning smartphones such as Apple's iPhone and the Samsung Galaxy S3. With smartphones becoming increasingly affordable, Mintel analyst Samuel Gee claimed that it is a trend "unlikely to reverse". IHS analyst Ian Fogg, meanwhile, said that smartphones are more convenient and offer more musical choice. It is believed that there will be more than two billion smartphones in use by 2015, double the current amount. Apple unveiled its seventh generation iPod Nano in September. The seventh generation iPod Nano sports a multi-touch display, integrated FM tuner, widescreen video and pedometer with Nike+ tech on board. Bluetooth support for music streaming and enhanced battery life for 30 hours playback is also included. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia. Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |