Today in Apple history: Bill Gates predicts doom for Apple’s biggest product

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Bill-Gates-60-Minutes
Unfortunately for Gates, Steve Jobs was one step ahead.
Photo: 60 Minutes

May 12: Today in Apple history: Bill Gates predicts doom for iPod, Apple's biggest product May 12, 2005: Longtime Apple frenemy Bill Gates tells a German newspaper that Apple may have hit it big with the iPod, but that its success isn’t going to last forever.

The reason? Mobile phones are going to steal the iPod’s market share. The good news for Gates is that he was right on the money. The bad news for Microsoft is that Apple cannibalized itself by making the iPhone. And Apple’s smartphone became even more successful than the iPod.

50 Cent says he talked Steve Jobs into paying him to promote the iPod

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iPod product placement 1
This closeup reportedly cost Apple six figures.
Photo: 50 Cent

Rapper 50 Cent claims that he personally pitched Steve Jobs on paying him $150,000 to promote the iPod in his 2003 music video for the hit song “P.I.M.P.”

“You think you could sell an iPod? I could sell an iPod,” 50 recalled telling Jobs in a recent interview. “Jimmy [Iovine] will tell you, in that 10 minutes that I sat there, I got [Jobs] to give me $150,000. [It was] the first time Apple did product placement in anything, any music video.”

Get an extra $10 for your old Apple devices in our Earth Day promo

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iPhone 8 iPad Macbook
Sell today to earn even more!
Photo: Ste Smith/Cult of Mac

Sell your old Apple devices to Cult of Mac now to earn an additional $10 for Earth Day. We typically pay more than other buyback services, and we cough up real cash, fast!

Find out how much your old iPhone, iPad, MacBook, and other Apple devices are really worth — and use our promo code to get even more.

Add this cute U2-inspired iPod toy to your play list

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iBoy stretch goal looks like U2 special edition iPod
This iBoy is red and black to look like the U2 special edition iPod.
Photo: Philip Lee

Of all of Apple’s creations, the iPod is a sentimental favorite. For many, it was their first Apple device.

An iPod-inspired action figure called iBoy could be your gateway to other Apple-inspired toys from Hong Kong toymaker Philip Lee.

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Both iPhone and the 1984 Macintosh make Fortune’s list of “The greatest designs of modern times.”
The iPhone and the Macintosh are first and second on a list of the greatest designs of our time.
Photo: Apple/Cult of Mac

Target employees leak inventory listings for new AirPods, Apple TV, iPod touch and more

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Target inventory photos
Are these soon-to-be-released Apple products, supposedly uncovered by Target employees?
Photo: 9to5Mac

Unnamed Target retail store employees are sharing details of what some believe are soon-to-be-released Apple updates using purported images of product listings from the companies retail inventory system.

The supposed new products include Apple AirPods X Generation, a 10.5-inch iPad, a new generation Apple TV, a new iPod touch and a series of new Apple Watch bands. 

Today in Apple history: Steve Jobs wins posthumous Grammy

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Cue
Steve Jobs' death caused an outpouring of support.
Photo: Grammys

February 12: Today in Apple history February 12, 2012: Months after his untimely death, Steve Jobs is honored with a Special Merit Grammy Award in recognition of his contributions to the field of music with the iPod and iTunes Music Store.

Eddy Cue, Apple’s senior vice president of internet software and services, collects the Grammy on behalf of Jobs’ family and “everyone at Apple.”

The first iPod went from pitch to shipped product in 7 months

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The first iPod went from pitch to shipped product in 7 months
The first iPod was a massive hit for Apple.
Photo: Jim Merithew/Cult of Mac

Whether it’s smartwatches or smart speakers, Apple rarely rushes to be the first company to move into a new product category. But once Apple’s decided to commit, it moves pretty darn quickly — as an iPod anecdote shared (indirectly) by former Apple exec Tony Fadell makes clear.

In a tweet made by the CEO of Stripe, Patrick Collison, Tony “Podfather” Fadell reveals the timeline of the original iPod. And it was pretty mind-blowingly intensive.