When Apple reveals its Q2 2014 sales numbers later today, few people are expecting any miracles: Mostly, Wall Street expects that growth will have stalled. All the more reason why Apple needs a major new product like the iWatch to give them some of their mojo back.
One business that everyone definitely expects to have declined this quarter, though, is the iPod. Apple CEO Tim Cook has himself said that the iPod is a “declining business” and sales have been dropping ever since 2008.
The bad news for iPod fans is that at least one analyst thinks the iPod business is in such serious decline for Apple that they won’t bother updating the line at all in 2014. But the good news? He thinks the iWatch will replace the iPod.