10 years ago yesterday — October 23, 2011 — Steve Jobs announced to the world the creation of the Apple iPod … a portable MP3 player. At the time, not many people had much faith that the iPod would be a successful product … but Steve Jobs knew he had created a revolutionary device. Not only is the iPod responsible for the survival of Apple Computers but it is also, IMHO, largely responsible for the salvation of the music industry. Before the iPod was introduced, Apple was in danger of going under … and the music industry was largely being decimated by illegal downloading. Thanks to the popularity of the iPod (which led to the invention of the iPhone … and then the iPad), Apple not only survived … it thrived … and eventually grew to be one of the most successful companies in the world. And the music industry found new life with online digital sales And it all happened 10 years ago, with the introduction of a little device that put 1,000 songs in your pocket. More »
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