Apple Entered the MP3 Player Market with Its IPod in 2001

question 323

Multiple Choice

Apple entered the MP3 player market with its iPod in 2001 and by 2014 it had a 70 percent share of this market. However, global MP3 music player unit sales over the past few years have fallen dramatically and are expected to decline further by 2016 as smartphones continue to replace MP3 devices. In addition, MP3 sales may be adversely impacted with the expected launch of wearable digital watches. Currently, Apple's iPod SBU appears to be a __________.

• A)question mark
• B)star
• C)hedgehog
• D)cash cow
• E)dog

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American History

The study and exploration of the events, people, cultures, and political movements that have shaped the United States over time.

Corporate Veil

The corporate veil is the legal concept separating the actions of a corporation from its shareholders, protecting them from personal liability.

Shareholder

An owner of a corporation, who has no inherent right to manage the corporation but has liability limited to his capital contribution. Also called stockholder.