BusinessWeek: Apple should consider iPod IPO
BusinessWeek’s Alex Salkever says that Apple would profit nicely from spinning out its digital music business (iPod and iTunes) before the market gets commoditized. “If Apple were to spin out a minority stake of its iPod business, it could rake in big bucks in an initial public offering,” writes Salkever. “With the iPod on track to become a $1 billion business in the next year or so, Apple could expect to pull in at least that amount by selling a 40% stake.
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