Video iPod expected from Apple
Speculation has immediately centered around another change to Apple's line of iPod music players, and the company has precedent on its side. It was almost exactly a year ago that Apple used the same venue to debut the iPod Photo and U2 iPods at an event that featured Bono and The Edge of the band U2.
Industry analysts believe Apple is set to show off a long-awaited video iPod that can play music videos and other visual programming. Performance upgrades to Apple's line of Macintosh computers could also be on the agenda.
Gene Munster of Piper Jaffray said that a video iPod would definitely have a "wow factor" upon its release but that it would need to cost less than $400 and have a sizable library of downloadable videos available when it launches in order to avoid becoming a niche product.
Munster, though, added that a video iPod would "open the door for future product innovations as the company continues to branch out" into other areas of digital and mobile entertainment products.
Apple shares rose 10 cents to $53.85. The stock has risen 70% since starting the year at a split-adjusted price of $31.65 a share.
Resource: MarketWatch
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