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Have Apple's iPod Sales Peaked? (AAPL)

new-ipod-nanos.jpgAnother recession effect: Apple (AAPL) might sell fewer iPods this Christmas than it did a year ago, the first time that's ever happened.

Have Sales of Apple's (AAPL) iPod Peaked?

It had to happen sooner or later, even to Apple (AAPL: sentiment, chart, options). When you build a product as successful as the iPod, eventually the market gets saturated and demand begins to fall. It is just such a conclusion that analysts are beginning reach when it comes to Apple's iconic iPod, according to a report at Silicon Alley Insider. Specifically, Piper Jaffray expects Apple to ship 18.6 million iPods this quarter, 16% less that it did the year prior. As SAI notes "The decline would cap off years of declining December quarter iPod shipment growth: 525% in 2004; 207% in 2005; 50% in 2006; and 5% in 2007."

'X Factor' finalists' 'Hero' single set to storm to top of UK charts

When Hero was released by Mariah Carey in 1993 it peaked at number seven in the UK charts. Now, though, the song looks set to reach the number one slot, propelled there by the 12 X Factor finalists.

Wal-Mart MP3 store relaunches

Correction: AC/DC's 1981 album For Those About to Rock We Salute You peaked at #1 on the U.S. charts, which means Wal-Mart's press release is wrong.

What the Bank of England has to weigh up next week

LONDON, Oct 31 (Reuters) - The Bank of England is expected to cut interest rates to 4 percent or below from 4.5 percent on Thursday, Nov. 6 due to the bad economic outlook and its belief that inflation has probably peaked after hitting a 16-year high of 5.2 percent in September.

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