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#1
February 25th, 2005, 04:24 PM
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iPod Price Cut: Apple's Watching Its Back (NewsFactor)
NewsFactor - The rush for Apple's (Nasdaq: AAPL) new flash-based music player -- the iPod Shuffle -- created a backlog of orders several weeks long. The profits generated by holiday sales of all iPod models helped Apple to a record-breaking year. So why slash prices on the immensely popular iPod Mini now? Because Apple sees the handwriting on the wall, according to Yankee Group's Mike Goodman.
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