Kim: A new market for digital media was emerging. Kim: And the internet was rapidly gaining users. Around this time, two things were exploding in growth. How did the iPod go from being one of the most popular gadgets to being basically nonexistent? In 1999, the US music industry had its biggest year yet. Kim: But sales have been in decline for over a decade. Apple has sold more than 400 million iPods since launching them in 2001 and over 35 billion songs. And it helped turn Apple into one of the most valuable companies in the world. Irene Kim: This transformed the way we listen to music. Visit Business Insider's homepage for more stories.It couldn't compete against the iPhone and the rise of music streaming services like Spotify. Apple did refresh the iPod Touch in 2019, but it's clear that the iPod's days are numbered.The iPod Classic, Nano, and Shuffle have all been discontinued. But the iPod went from being Apple's hit product to being basically nonexistent.The iPod changed the way we listen to music and helped grow Apple into one of the biggest companies in the world.As an Amazon Associate and affiliate, Spending Lab earns from qualifying purchases. Spending Lab earns commissions from purchases made using the links provided.Ībout Spending Lab: Spending Lab research and report on online sales events. In need of some more deals? Click here to enjoy the entire selection of deals at Walmart's Cyber Monday sales event and click here to see Amazon's latest Cyber Monday sales.
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