2005-05-13

Phone makers plan to take over iPod business

Today in Investor's Business Daily stock analysis and business news: "The cell phone industry has taken over the digital camera field, with camera phones outselling stand-alone digital cameras.
Now phone makers hope to do the same thing with digital music.
Some 60 million music players are expected to sell this year. That's less than a tenth of the number of cell phones sold. But it's a big enough market to attract the interest of the phone industry."

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